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 |