| The KUIK Market Update for Monday, November 19: | |||||||
| Markets are still up this morning. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 152 | points | 12,748 | 7:55 AM | ||
| S&P500 | Up | 1.8% | percent | 1,384 | N/A | points | |
| Nasdaq Composite | Up | 2.0% | percent | 2,910 | (3.55) | points | |
| 30 Year Treasury | Up | 4 | Basis Points | 2.76 | Annual Yield | ||
| Hurricane Sandy slammed into factory output in October. The Federal Reserve on Friday said the output of the nation’s factories, mines and utilities fell in October as Hurricane Sandy held down production in the Northeast. Production fell 0.4% in October and reduced total output by nearly 1%. Wall Street expected a .2% increase. | |||||||
| Change at Intel. Chief Executive Officer Paul Otellini will retire in May after almost four decades at the chipmaker, leaving the company it tries to adapt its dominance in computing into a world that’s going mobile. The board will consider internal and external candidates to replace him as CEO, the company said today in a statement. Intel has never chosen a CEO from outside the company. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/hurricane-sandy-slams-factory-output-in-october-2012-11-16 | |||||||
| http://www.marketwatch.com/?link=MW_Nav_FP | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Market-Update-Report.mp3 | ||||||
| Shortlink-> | |||||||