| The KUIK Morning Market Report for Friday, November 9: | |||||||
| Markets are up slightly this morning. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 17 | points | 12,829 | 8:00 AM | ||
| S&P500 | Up | 0.4% | percent | 1,384 | 6.10 | points | |
| Nasdaq Composite | Up | 0.7% | percent | 2,915 | 19.45 | points | |
| 30 Year Treasury | Down | (0) | Basis Points | 2.77 | Annual Yield | ||
| The Thomson Reuters/University of Michigan’s preliminary index of consumer sentiment for November increased to 84.9 from 82.6 in October. Economists expected 82.9. | |||||||
| The Commerce Department says the prices paid for goods imported into the U.S. rose 0.5% in October, marking the third straight gain. That compared to a 1.1% increase in September. Excluding fuel, import prices rose by only 0.3% in October but the price of imported oil jumped 1.3%. | |||||||
| President Obama is scheduled to make a statement this afternoon on efforts to strengthen the economy and avoid the fiscal cliff. Analysts expect Obama to respond to House Speaker John Boehner, who has a press conference scheduled this morning. Boehner and other key congressional participants in the debate over fiscal policy have sent mixed signals since the election, sounding both conciliatory and committed to existing positions. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-11-09/u-s-stock-futures-drop-as-s-p-500-heads-for-weekly-loss.html | |||||||
| http://www.marketwatch.com/story/us-import-prices-climb-05-in-october-2012-11-09 | |||||||
| http://www.marketwatch.com/story/obama-to-discuss-fiscal-cliff-economy-friday-2012-11-08?dist=lcountdown | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | |||||||