| The KUIK Morning Market Report for Tuesday, March 12: | |||||||
| Markets are mixed. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 2 | points | 14,449 | 6:59 AM | ||
| S&P500 | Down | -0.08% | percent | 1,555 | (1.18) | points | |
| Nasdaq Composite | Down | -0.14% | percent | 3,248 | (4.68) | points | |
| 30 Year Treasury | Down | (2) | Basis Points | 3.23 | Annual Yield | ||
| Marketwatch reports the National Federation of Independent Business said its small-business confidence index edged up 1.9 points to 90.8% in February, but it remained low by historical standards. Companies cited weak sales as the biggest problem. Some 33% of small-business owners said sales were lower in the past three months compared to the prior three months, while only 19% reported higher sales in the same span. The earnings outlook was unchanged in February at -26%, and credit was still hard to obtain for many small businesses. | |||||||
| The Securities and Exchange Commission charged the state of Illinois with misleading municipal-bond investors by failing to disclose large-scale underfunding of the state’s pension system. The SEC said Illinois officials understated in numerous municipal-bond ocuments how the pension system posed financial risks to potential investors n the state’s bonds. | |||||||
| Employers are expecting to hold hiring steady in the second quarter, with gains in a wide variety of industries and across the country, according to Manpower’s employment-outlook survey. A seasonally adjusted net 11% of employers said they plan to add to their workforce in the second quarter, down one percentage point from the first quarter but up one point from the same time last year. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/nfib-small-business-index-edges-higher-in-february-2013-03-12 | |||||||
| http://www.marketwatch.com/story/illinois-hit-with-sec-charges-over-public-pensions-2013-03-11 | |||||||
| http://www.marketwatch.com/story/us-hiring-plans-steady-in-second-quarter-2013-03-12 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||