| The KUIK Morning Market Report for Monday, February 11: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (40) | points | 13,949 | 6:56 AM | ||
| S&P500 | Down | -0.20% | percent | 1,515 | (2.99) | points | |
| Nasdaq Composite | Down | -0.30% | percent | 3,184 | (9.56) | points | |
| 30 Year Treasury | Down | (0) | Basis Points | 3.17 | Annual Yield | ||
| The U.S. government on Wednesday will release monthly retail sales. The result could tell us how the economy will perform in 2013. Sales at U.S. retailers are forecast to edge up a scant 0.1%, seasonally adjusted, in the first month of the year, according to economists polled by MarketWatch. The retail report is by far the biggest economic indicator of the week. | |||||||
| The current dispute-resolution systems at the three main consumer-credit-rating agencies used in the U.S. are violating the law, CBS reported Sunday on “60 Minutes.” The report cited what it said were widespread mistakes with individuals’ credit reports, focusing on the industry’s three main firms: Equifax, Experian, and TransUnion. The report included an interview with Ohio Attorney General Mike DeWine, who said the industry was violating the Fair Credit Reporting Act by failing to adequately address mistakes in people’s credit records. | |||||||
| Bloomberg reports that China surpassed the U.S. to become the world’s biggest trading nation last year as measured by the sum of exports and imports of goods, official figures from both countries show. U.S. exports and imports of goods last year totaled $3.82 trillion, the U.S. Commerce Department said last week. China’s customs administration reported last month that the country’s trade in goods in 2012 amounted to $3.87 trillion. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/at-the-retail-level-economy-could-stutter-2013-02-10 | |||||||
| http://www.marketwatch.com/story/credit-reporting-agencies-breaking-law-report-2013-02-10 | |||||||
| http://www.marketwatch.com/story/credit-reporting-agencies-breaking-law-report-2013-02-10 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||