| The KUIK Market Update for Monday, March 11: | |||||||
| Markets are flat. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (1) | points | 14,394 | 7:54 AM | ||
| S&P500 | Down | -0.13% | percent | 1,549 | (2.04) | points | |
| Nasdaq Composite | Down | -0.28% | percent | 3,235 | (9.12) | points | |
| 30 Year Treasury | Down | (1) | Basis Points | 3.24 | Annual Yield | ||
| China’s industrial production increased 9.9 percent in the first two months of the year, less than the 10.6 percent gain projected in a Bloomberg survey. | |||||||
| Bloomberg reports that Adidas plans to come from sixth place and overtake Nike as the U.S. leader in running shoes. With its new $150 Energy Boost shoe that gives wears more bounce while expending less energy, Adidas plans to win over runners in the $15 billion industry and drive sales in the U.S. The shoemaker is bullish on Boost’s revolutionary sole. It plans to sell 1 million pairs of the shoe this year and aims to pass Nike in five years., | |||||||
| Marketwatch reports rival retailers and groups representing publishers and writers have joined to oppose Amazon’s request to control new web domains, including .author, .book and .read, weekend media reports say. The new domains are part of a major planned expansion of the Web’s directories. The Wall Street Journal reported that the groups believe that giving Amazon control of those addresses would threaten competition. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/stocks-start-with-losses-chinese-data-disappoints-2013-03-11 | |||||||
| http://www.bloomberg.com/news/2013-03-10/adidas-vowing-to-outrun-nike-in-u-s-with-bouncier-shoes.html | |||||||
| http://www.marketwatch.com/story/amazon-aim-to-control-some-domains-is-opposed-wsj-2013-03-11 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Market-Update-Report.mp3 | ||||||