This is Bill Roller of BR Capital with the KUIK Morning Market Report for Wednesday, June, 6 |
Markets are up this morning. |
Index |
Direction |
Change |
Units |
Last |
7:57 AM |
|
|
Dow |
Up |
168 |
points |
12,297 |
|
|
|
S&P500 |
Up |
1.49% |
percent |
1,305 |
|
|
|
Nasdaq Composite |
Up |
1.87% |
percent |
2,830 |
|
|
|
30 Year Treasury |
Up |
3.6 |
basis points |
2.66 |
|
|
|
The Labor Department reported that productivity of workers and businesses fell more sharply in the first quarter than originally estimated, as output was revised lower and hours worked rose slightly faster. Productivity dropped 0.9% in the first three months of the year, compared to an initial estimate of a 0.5% decline. |
Crude-oil futures pared their gains after the U.S. Energy Information Administration reported a smaller-than-expected 100,000-barrel decline in U.S. crude supplies for the week ended June 1. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/first-quarter-productivity-revised-to-09-decline-2012-06-06 |
http://www.marketwatch.com/story/oil-pares-gain-eia-posts-small-crude-supply-fall-2012-06-06 |
For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |
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http://wp.me/p2lo3H-nh |