This is Bill Roller of BR Capital with the KUIK Morning Market Report for Thursday, April, 5 |
It’s a down day on Wall Street. |
Index |
Direction |
Change |
Units |
Last |
|
|
|
Dow |
Down |
(2) |
points |
13,073 |
|
|
|
S&P500 |
Up |
0.04% |
percent |
1,400 |
|
|
|
Nasdaq Composite |
Up |
0.15% |
percent |
3,073 |
|
|
|
30 Year Treasury |
Down |
(4.2) |
basis points |
3.34 |
|
|
|
We’re feeling better about the economy. The Bloomberg Consumer Comfort Index rose to minus 31.4 in the period ended April 1, the best reading since March 2008, from minus 34.7 the prior week. All three of its components, the economy, personal finances and buying plans, advanced. |
That may be because firings are down. Bloomberg reported Planned firings fell by 8.8 percent from March 2011 to a 10-month low of 37,880, according to Chicago job placement firm Challenger, Gray & Christmas. Job cuts at government and nonprofit agencies were down 86 percent last quarter compared with the same period in 2011 |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |