This is Bill Roller of BR Capital with the KUIK Morning Market Report for Friday, April, 27 |
Markets are flat this morning. |
Index |
Direction |
Change |
Units |
Last |
|
7:40 AM |
|
Dow |
Up |
6 |
points |
13,211 |
|
|
|
S&P500 |
Up |
0.16% |
percent |
1,402 |
|
|
|
Nasdaq Composite |
Up |
0.46% |
percent |
3,065 |
|
|
|
30 Year Treasury |
Down |
(0.3) |
basis points |
3.13 |
|
|
|
the Commerce Department reported the economy expanded less than forecast in the first quarter. Gross domestic product climbed at a 2.2% annual rate after a 3% pace last quarter. Economists surveyed by MarketWatch expected 2.7%. Household spending makes up about 70% of the economy. It expanded 2.9%, topping forecasts. |
Business spending fell for the first time since the fourth quarter of 2009, with investment in equipment and software rising at its slowest pace since the recession ended. It fell at a 2.1 percent pace after rising 5.2 percent in the fourth quarter. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/us-stocks-open-higher-on-amazon-ford-earnings-2012-04-27-938380 |
http://www.cnbc.com/id/47202822 |
For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |