Morning Market Report 5/1/2012

This is Bill Roller of BR Capital with the KUIK Morning Market Report for Tuesday, May, 1
Markets are up this morning.
Index Direction Change Units Last 8:05 AM
Dow Up                 91 points            13,305
S&P500 Up 0.95% percent              1,411
Nasdaq Composite Up 1.00% percent              3,077
30 Year Treasury Up                3.8 basis points              3.15
The Institute for Supply Management said its survey of  manufacturing executives rose to 54.8% from 53.4% in March, the highest  reading since June 2011. Reading over 50% indicate expansion. The new-orders   index jumped to 58.2% from 54.5% in March.
The  Commerce Department reported construction spending rose only 0.1% in March. It was the first increase in construction spending in three months, but was   below analysts’ expectations of a 0.5% rise.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/us-manufacturing-growth-picks-up-in-april-2012-05-01
http://www.marketwatch.com/story/construction-spending-rebounds-slightly-in-march-2012-05-01
For today’s Morning   Market Report click to listen-> https://beaconrwa.com/audio/Morning-Market-Report.mp3