| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Wednesday, April, 18 | |||||||
| Markets are down this morning. | |||||||
| Index | Direction | Change | Units | Last | 8:10 AM | ||
| Dow | Down | (32) | points | 13,083 | |||
| S&P500 | Down | -0.41% | percent | 1,385 | |||
| Nasdaq Composite | Down | -0.49% | percent | 3,028 | |||
| 30 Year Treasury | Down | (2.2) | basis points | 3.13 | |||
| Markets are down because of disappointing earnings from IBM and Intel. IBM’s first-quarter profit rose more than 7% from a year ago, as the company saw increases in its key services and software businesses. However overall sales were flat from a year ago. Intel reported a dip in profit, but posted results that beat Wall Street’s expectations. Intel reported a profit of $2.74 billion, or 53 cents a share, compared with $3.16 billion, or 56 cents a share, in the year-earlier period. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||