This is Bill Roller of BR Capital with the KUIK Morning Market Report for Wednesday, August 1. |
Markets are up this morning. |
Index |
Direction |
Change |
Units |
Last |
Time |
|
|
Dow |
Up |
33 |
points |
13,044 |
8:09 AM |
|
|
S&P500 |
Up |
0.22% |
percent |
1,382 |
|
|
|
Nasdaq Composite |
Up |
0.02% |
percent |
2,940 |
|
|
|
30 Year Treasury |
Up |
1.0 |
basis points |
2.59 |
|
|
|
The Institute for Supply Management’s index was up slightly in July at 49.8% vs. 49.7% in June. Readings under 50% indicate contraction. It’s the first time that’s happened since the tail end of the last recession. |
ADP reported the private sector added 163,000 jobs in July, as employment growth ticked down from the prior month. The Labor Department’s jobs estimate will be released Friday and includes public and private payrolls. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/manufacturers-see-little-improvement-in-july-2012-08-01?dist=lcountdown |
http://www.marketwatch.com/story/private-sector-jobs-rise-by-163000-in-july-2012-08-01?dist=lcountdown |
For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |
Shortlink-> |
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