| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Thursday, June, 14 | |||||||
| Markets are up this morning. | |||||||
| Index | Direction | Change | Units | Last | 8:06 AM | ||
| Dow | Up | 106 | points | 12,602 | |||
| S&P500 | Up | 0.66% | percent | 1,324 | |||
| Nasdaq Composite | Up | 0.50% | percent | 2,833 | |||
| 30 Year Treasury | Up | 0.4 | basis points | 2.72 | |||
| Unemployment is increasing. The Labor Department reported claims for jobless benefits unexpectedly climbed by 6,000 to 386,000 in the week ended June 9 from a revised 380,000 the prior week that was higher than the initial estimate. Economists projected a drop 375,000. | |||||||
| The consumer price index, a measure of inflation, declined by a seasonally adjusted 0.3% last month. It was the first decrease in two years and the biggest drop since December 2008. Gasoline which surged earlier this, sank 6.8% to account for the drop. The price of fuel oil and natural gas also fell. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-06-14/jobless-claims-in-u-s-unexpectedly-rose-last-week.html | |||||||
| http://www.marketwatch.com/story/us-cost-of-living-falls-sharply-in-may-2012-06-14 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | http://wp.me/p2lo3H-ob | ||||||