| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Friday, May, 4 | |||||||
| Markets are down this morning. | |||||||
| Index | Direction | Change | Units | Last | 7:44 AM | ||
| Dow | Down | (125) | points | 13,082 | |||
| S&P500 | Down | -1.14% | percent | 1,376 | |||
| Nasdaq Composite | Down | -1.58% | percent | 2,976 | |||
| 30 Year Treasury | Down | (1.9) | basis points | 3.09 | |||
| The Labor Department released its jobs repot this morning and disappointed the markets. The economy created just 115,000 jobs in April as hiring declined for a second month. The unemployment rate fell to 8.1% from 8.2%, but the decline was due to the number of people who stopped looking for work. Some 342,000 people dropped out of the labor force, the second decrease in a row. | |||||||
| Oil is down after that jobs report. June Crude is down $1.60 to $100.94 a barrel.. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-economy-gains-115000-jobs-in-april-2012-05-04 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||