This is Bill Roller of BR Capital with the KUIK Morning Market Report for Tuesday, April, 24 |
Markets are recovering after yesterday’s big down day. |
Index |
Direction |
Change |
Units |
Last |
|
8:20 AM |
|
Dow |
Up |
117 |
points |
13,045 |
|
|
|
S&P500 |
Up |
0.60% |
percent |
1,375 |
|
|
|
Nasdaq Composite |
Up |
0.13% |
percent |
2,974 |
|
|
|
30 Year Treasury |
Up |
2.7 |
basis points |
3.11 |
|
|
|
The Conference Board’s confidence index was little changed in April at 69.2 compared to a revised 69.5 for March. The median forecast of economists surveyed by Bloomberg was for 69.6. The smallest increase in employment in five months may have raised concern that growth is not fast enough to reduce unemployment. The report also showed households trimmed buying plans for automobiles, homes and vacations, showing that more jobs are needed to boost consumer spending, which accounts for about 70 percent of the economy. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.bloomberg.com/news/2012-04-24/consumer-confidence-in-u-s-little-changed-as-expectations-cool.html |
For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |