This is Bill Roller of BR Capital with the KUIK Morning Market Report for Wednesday, May, 2 |
Markets are down this morning. |
Index |
Direction |
Change |
Units |
Last |
|
8:05 AM |
|
Dow |
Down |
(76) |
points |
13,203 |
|
|
|
S&P500 |
Down |
-0.31% |
percent |
1,401 |
|
|
|
Nasdaq Composite |
Up |
0.16% |
percent |
3,055 |
|
|
|
30 Year Treasury |
Down |
(3.6) |
basis points |
3.13 |
|
|
|
Companies added the fewest number of U.S. workers in seven months in April, indicating the job market may take time to strengthen. Employment increased by 119,000 following a revised 201,000 gain the prior month, according to ADP Employer Services. The median forecast of economists surveyed by Bloomberg called for a 170,000 advance. |
The Commerce Department reported Orders to U.S. factories decreased in March, because of a decline in demand for aircraft. Bookings fell 1.5 percent after a revised 1.1 percent gain in February. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.bloomberg.com/news/2012-05-02/adp-says-u-s-companies-added-119-000-workers-in-april.html |
http://www.bloomberg.com/news/2012-05-02/factory-orders-in-u-s-drop-on-pullback-in-demand-for-aircraft.html |
For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |