| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Wednesday, June, 13 | |||||||
| Markets are up slightly this morning. | |||||||
| Index | Direction | Change | Units | Last | 7:49 AM | ||
| Dow | Up | 2 | points | 12,575 | |||
| S&P500 | Up | 0.08% | percent | 1,325 | |||
| Nasdaq Composite | Up | 0.18% | percent | 2,848 | |||
| 30 Year Treasury | Down | (0.7) | basis points | 2.77 | |||
| Retail sales in the U.S. fell in May for a second month as slower employment and subdued wage gains damped demand, a sign that our economy is cooling. The 0.2 percent decrease followed a similar decline in April that was previously reported as a gain, according to the Commerce Department. Last month’s drop matched the median forecast of economists surveyed by Bloomberg. Sales excluding automobiles slumped by the most in two years | |||||||
| The Labor Department reported lower costs energy and food pulled the U.S. producer price index down 1.0% in May, the biggest one-month drop in close to three years and it matched expectations. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-06-13/retail-sales-in-u-s-fall-for-second-month-signaling-slowdown.html | |||||||
| http://www.marketwatch.com/story/us-producer-prices-plummet-1-in-may-2012-06-13 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | http://wp.me/p2lo3H-o2 | ||||||