The KUIK Closing Market Report for Friday, September 26: |
Markets were up after yesterday’s big selloff. |
Direction |
Change |
Units |
Last |
Time |
Change |
Dow |
Up |
167 |
points |
17,113 |
1:41 PM |
S&P500 |
Up |
0.9% |
percent |
1,983 |
16.86 |
Nasdaq Composite |
Up |
1.0% |
percent |
4,512 |
45.45 |
30 Year Treasury |
Down |
(0) |
Basis Points |
3.22 |
Annual Yield |
Bond fund Manager Bill Gross is leaving the firm he cofounded Pacific Investment Management Company. Gross, age 70 and until today manager of the $222 billion Pimco Total Return fund, will join Janus Capital to oversee the Janus Global Unconstrained Bond Fund, according to a statement today from Denver-based Janus. |
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
http://www.bloomberg.com/news/2014-09-26/pimco-said-to-have-discussed-firing-gross-before-exit.html |
For today’s Closing Market Report click to listen-> |
|