This is Bill Roller of BR Capital with the KUIK Morning Market Report for Friday, May, 25 |
Markets are flat this morning. |
Index |
Direction |
Change |
Units |
Last |
7:43 AM |
|
|
Dow |
Down |
(22) |
points |
12,506 |
|
|
|
S&P500 |
Down |
-0.02% |
percent |
1,320 |
|
|
|
Nasdaq Composite |
Down |
-0.17% |
percent |
2,834 |
|
|
|
30 Year Treasury |
Down |
(1.3) |
basis points |
2.83 |
|
|
|
The final reading of the University of Michigan-Thomson Reuters consumer sentiment index climbed to 79.3 in May – the highest level since October 2007 – from 76.4 in April. The index averaged about 87 in the year before the recession. Consumers are helped by declining gas prices and and hurt by slowing job gains. |
The average price for a gallon of regular gas has fallen each day since May 16 and was at $3.676 yesterday, according to AAA data. That is down 17 cents from a month ago. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/consumer-sentiment-793-in-may-vs-764-in-april-2012-05-25 |
http://www.marketwatch.com/story/gasoline-prices-add-to-the-holiday-cheer-2012-05-24 |
For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |
Shortlink-> |
http://wp.me/p2lo3H-m1 |