This is Bill Roller of BR Capital with the KUIK Morning Market Report for Tuesday, July 17. |
Markets are off this morning. |
Index |
Direction |
Change |
Units |
Last |
8:08 AM |
|
|
Dow |
Down |
(38) |
points |
12,689 |
|
|
|
S&P500 |
Down |
-0.19% |
percent |
1,351 |
|
|
|
Nasdaq Composite |
Down |
-0.42% |
percent |
2,885 |
|
|
|
30 Year Treasury |
Up |
0.8 |
basis points |
2.56 |
|
|
|
Industrial production increased in June, led by gains among automobile and machinery makers showing manufacturing is boosting economic growth. Output at factories, mines and utilities rose 0.4 percent last month after a revised 0.2 percent drop in May that was larger than previously reported, according to the Federal Reserve data. Economists forecast only a 0.3 percent gain. Manufacturing was up 0.7 percent last month, reversing the prior month’s drop. |
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Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.bloomberg.com/news/2012-07-17/u-s-industrial-production-rises-in-sign-of-factory-resilience.html |
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For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |
Shortlink-> |
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