This is Bill Roller of BR Capital with the KUIK Morning Market Report for Wednesday, July 18. |
Markets are up this morning. |
Index |
Direction |
Change |
Units |
Last |
8:02 AM |
|
|
Dow |
Up |
74 |
points |
12,880 |
|
|
|
S&P500 |
Up |
0.51% |
percent |
1,371 |
|
|
|
Nasdaq Composite |
Up |
0.93% |
percent |
2,937 |
|
|
|
30 Year Treasury |
Unchanged |
– |
basis points |
2.60 |
|
|
|
Housing starts rose 6.9 percent last month to 760,000 annually after a revised 711,000 May that was higher than initially estimated, according to the Commerce Department. Economists expected 745,000. Building permits fell, reflecting a drop in applications for apartment construction. |
Crude-oil futures shot up after The Energy Information Administration reported oil inventories declined 800,000 barrels in the week ended July 13. August crude rose 0.7%, to $89.85 a barrel on the New York Merc. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.bloomberg.com/news/2012-07-18/u-s-stocks-erase-drop-as-technology-industrials-gains.html |
http://www.marketwatch.com/markets/us?link=MW_Nav_MA |
For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |
Shortlink-> |
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