This is Bill Roller of BR Capital with the KUIK Morning Market Report for Monday, April, 16 |
Markets are mixed this morning. |
Index |
Direction |
Change |
Units |
Last |
|
8:08 AM |
|
Dow |
Up |
(63) |
points |
12,912 |
|
|
|
S&P500 |
Down |
-0.31% |
percent |
1,366 |
|
|
|
Nasdaq Composite |
Down |
-1.15% |
percent |
2,977 |
|
|
|
30 Year Treasury |
Down |
(3.5) |
basis points |
3.11 |
|
|
|
The Commerce Department reported retail sales gained 0.8 percent in March, almost three times as large as projected and followed a 1 percent advance in February. The median forecast of economists called for only a 0.3 percent rise. |
The New York’s Empire State index dropped to 6.56 in April from 20.21 in March, much slower than the 18 projected by economists polled by Marketwatch. A big 12-point drop in shipments and a negative reading for unfilled orders dragged the headline index down. The new-orders component was unchanged at 6.48, while the index for number of employees rose to its highest level in nearly a year. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.bloomberg.com/news/2012-04-16/u-s-stock-index-futures-advance-before-retail-sales-data.html |
http://www.marketwatch.com/story/ny-manufacturing-gauge-slows-markedly-in-april-2012-04-16 |
For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |