| The KUIK Market Update for Monday, February 4: | |||||||
| Markets are down this morning. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (110) | points | 13,900 | 7:41 AM | ||
| S&P500 | Down | -0.68% | percent | 1,503 | (10.23) | points | |
| Nasdaq Composite | Down | -0.49% | percent | 3,164 | (15.48) | points | |
| 30 Year Treasury | Down | (2) | Basis Points | 3.18 | Annual Yield | ||
| The dollar gained ground against major rivals, with the euro retreating from recent highs against both the dollar and the Japanese yen as political risks reappeared in Spain, where Prime Minister Mariano Rajoy over the weekend denied allegations that he and members of his party accepted secret payments. The country’s opposition party called for his resignation. | |||||||
| Marketwatch reports orders for goods produced in U.S. factories rose 1.8% in December, according to the Commerce Department. Economists expected orders to increase by 2.3%, because of higher orders for commercial and military aircraft. Orders for durable goods – products meant to last at least three years – advanced 4.3% in December. Orders for nondurable goods such as food and clothing dropped 0.3%. | |||||||
| More americans say jobs are harder to get. The Conference Board’s Employment Trends Index decreased 0.1 percent to 109.38 from December’s revised reading of 109.47. It has increased 2.7 percent from January 2012. | |||||||
| Northwest plywood maker Boise Cascade is will become a public company again on Wednesday. It will bring its 212 million initial public offering to the New York Stock Exchange. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/dollar-up-spain-turmoil-spurs-euro-profit-taking-2013-02-04 | |||||||
| http://www.marketwatch.com/story/us-factory-orders-advance-18-in-december-2013-02-04 | |||||||
| http://www.bloomberg.com/news/2013-02-04/orders-to-u-s-factories-rose-less-than-forecast-in-december.html | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Market-Update-Report.mp3 | ||||||