| The KUIK Morning Market Report for Thursday, November 15: | |||||||
| Markets are off slightly this morning. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (21) | points | 12,548 | 6:55 AM | ||
| S&P500 | Down | 0.0% | percent | 1,355 | (0.46) | points | |
| Nasdaq Composite | Down | -0.2% | percent | 2,843 | (4.31) | points | |
| 30 Year Treasury | Up | 2 | Basis Points | 2.75 | Annual Yield | ||
| The Labor Department says first-time jobless claims jumped by 78,000 to a seasonally adjusted 439,000 in the week ended Nov. 10. A government spokesman said applications surged in the parts of the country that lay in the path of Hurricane Sandy. Economists surveyed by MarketWatch forecast a rise to only 380,000. | |||||||
| Foreclosure activity went up 3% in October compared to September according to RealTrac. Foreclosure filings including default notices, scheduled auctions and bank repossessions were reported on 186,455 U.S. properties during the month. Activity is down 19% compared with October 2011. Foreclosure moratoriums put in place after Hurricane Sandy may prolong the foreclosure process in some states that were already dealing with deferred foreclosure activity and that could hold up the housing recovery, | |||||||
| President Barack Obama yesterday said he is open to ideas about raising revenue as he prepares to meet with congressional leaders, but was firm that taxes on the wealthiest Americans must go up. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/jobless-claims-soar-after-hurricane-sandy-2012-11-15 | |||||||
| http://www.marketwatch.com/story/foreclosure-activity-rises-3-in-october-2012-11-15 | |||||||
| http://www.marketwatch.com/story/obama-open-to-tax-ideas-before-talks-begin-2012-11-14 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | |||||||