September 19, 2014

Morning Market Report 9/19/2014

The KUIK Morning Market Report for Friday, September 19:
Markets are up.
Index	Direction	Change	Units	Time	Change
Dow	Up	68	points	17,334	7:05 AM
S&P500	Up	0.3%	percent	2,018	6.66
Nasdaq Composite	Up	0.3%	percent	4,608	14.90
30 Year Treasury	Down	(2)	Basis Points	3.34	Annual Yield
Alibaba Group’s shares priced yesterday at $68, at the high end of expectations, in what is one of the world’s largest initial public offerings ever. The deal raised $21.8 billion, to be split among the Chinese e-commerce company, its executives, and early investors. The total is close to the previous record of $22 billion raised by Agricultural Bank of China in 2010.
A spam campaign is targeting employees at about 90 brokerages and adviser firms in New York, Boston, North Carolina, Texas and Alabama so far. The phishing campaign sends messages that look like invitations to share a file through Google Drive. It etices employees to click on a malicious link that would infect computers and give criminals access to customer records. The spam is also hitting some small health-care billing companies.
Scottish voters rejected independence from the UK. The vote was 45% pro and 55% against.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/alibabas-ipo-prices-at-68-a-share-2014-09-18
http://www.marketwatch.com/story/attackers-target-90-brokerages-and-adviser-firms-2014-09-18
http://www.marketwatch.com/story/scotland-set-to-stay-in-uk-as-yes-camp-admits-defeat-2014-09-19
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