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The KUIK Closing Market Report for Tuesday, February 20: |
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Markets had a post Presidents Day downer. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
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Dow |
Down |
(255) |
points |
24,965 |
2:53 PM |
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S&P500 |
Down |
-0.6% |
percent |
2,716 |
1.00 |
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Nasdaq Composite |
Down |
-0.1% |
percent |
7,234 |
9.00 |
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30 Year Treasury |
Up |
2 |
Basis Points |
3.15 |
Annual Yield |
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Walmart fell 10.2% to $94.10 a after its fourth-quarter adjusted earnings per share missed forecasts after it said online sales growth slowed during the fourth quarter by to 24% compared to 50% growth in the previous three quarters. But sales in existing stores rose 2.6%, representing its 14th consecutive quarter of growth in that segment. It is first miss in 10 quarters, as adjusted per-share earnings came in at $1.33, below the $1.37 exptected by analysts. |
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Sign up for a Social Security and Retirement Analysis at brcapitalinc.com/kuik. Serving the West Side first, I am Bill Roller for 1360 KUIK. |
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For today’s Closing Market Report click to listen-> |
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