| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Thursday, May, 3 | |||||||
| Markets are flat this morning. | |||||||
| Index | Direction | Change | Units | Last | 8:05 AM | ||
| Dow | Down | (29) | points | 13,240 | |||
| S&P500 | Down | -0.16% | percent | 1,400 | |||
| Nasdaq Composite | Down | -0.22% | percent | 3,053 | |||
| 30 Year Treasury | Up | 0.9 | basis points | 3.12 | |||
| Jobless claims declined by 27,000 to a seasonally adjusted 365,000 in the week ended April 28, according to the Labor Department. Claims from two weeks ago were revised up to 392,000 from an original reading of 388,000. | |||||||
| Planned job cuts rose 7.1% to 40,559 in April, according to outplacement firm Challenger, Gray & Christmas. That’s also 11.2% higher than April 2011. Year-to-date, planned job cuts are up 9.8%. Last month’s job cuts were led by education. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-jobless-claims-drop-27000-to-365000-2012-05-03-835590 | |||||||
| http://www.marketwatch.com/story/planned-job-cuts-up-7-in-april-challenger-2012-05-03 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||