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Carol, David Johnson, Xerox discussed on KRLD News, Weather and Traffic

KRLD News, Weather and Traffic
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Carol, David Johnson, Xerox discussed on KRLD News, Weather and Traffic

NewsRadio 1080 KRLD |
Last month
NewsRadio 1080 KRLD

Automatic TRANSCRIPT

Money here Carol the business analyst David Johnson the end of the quarter and the numbers are really astounding looking back for the quarter the Dow industrial average lost twenty three percent or six thousand six hundred twenty one points the S. and P. average was down twenty percent the nasdaq was down fourteen percent today was kind of a coin toss could go either way we thought anyway because it's the end of the quarter rebalancing we figured maybe there'd be some solid bonds of buying stocks nope we saw some selling of bonds because interest rates went up but the fact is the Dow industrial average is down four hundred ten today the nasdaq was down seventy four the S. B. average was down forty two later today we found out that Xerox is ending its hostile takeover bid for H. P. they've been attempting to do that for a long time they are blaming the coronavirus for that but H. P. really did want to get bought out back to a subset of the H. P. bart Turner Xerox's they will be able just by you looks like we are in a big deal closer probably tomorrow sprint and T. mobile are going to go ahead with their merger today the Dow lost for Taylor has the act was down seventy four oil was up six cents gold out of fifty two dollars David Johnson news radio ten eighty KRLD only slow downs right now because of roadwork traffic and weather together next let's say you just bought a.