| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Thursday, May, 17 | |||||||
| Markets are down this morning. | |||||||
| Index | Direction | Change | Units | Last | 8:10 AM | ||
| Dow | Down | (23) | points | 12,575 | |||
| S&P500 | Down | -0.24% | percent | 1,322 | |||
| Nasdaq Composite | Down | -0.59% | percent | 2,857 | |||
| 30 Year Treasury | Down | (4.9) | basis points | 2.86 | |||
| The Labor Department reported jobless claims were flat at a seasonally adjusted 370,000 in the week ended May 12. Initial claims from two weeks ago were revised up to 370,000 from an initial reading of 367,000. | |||||||
| The Philadelphia Federal Reserve said its manufacturing index sank to -5.8 in May from 8.5 in April, marking the first negative reading since September. Economists polled by MarketWatch were expecting the index to increase to 10.0. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/initial-jobless-claims-unchanged-at-370000-2012-05-17 | |||||||
| http://www.marketwatch.com/story/philly-fed-factory-index-turns-negative-in-may-2012-05-17 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | http://wp.me/p2lo3H-kY | ||||||