| The KUIK Morning Market Report for Friday, March 15: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (54) | points | 14,485 | 7:32 AM | ||
| S&P500 | Down | -0.28% | percent | 1,559 | (4.41) | points | |
| Nasdaq Composite | Down | -0.34% | percent | 3,248 | (10.98) | points | |
| 30 Year Treasury | Down | (3) | Basis Points | 3.21 | Annual Yield | ||
| The Federal Reserver reports industrial production rebounded in February after a weak January because of stronger manufacturing and utility production. Total production rose 0.7% above economists’ forecasts of a 0.6% gain. | |||||||
| The Labor Department reported U.S. consumer prices rose 0.7% in February for the largest gain since June 2009. Gasoline prices rose 9.1%, also the largest jump since June 2009, and accounted for almost three-fourths of February’s gain in the consumer price index. The broader price category for energy increased 5.4%. | |||||||
| The Empire State manufacturing index remained in positive territory for the second month after six straight negative readings, the New York Federal Reserve Bank said Friday. The Empire State index slipped to 9.2 in March from 10 in the prior month. The index had been negative from August through December. Economists polled by MarketWatch expected the index to hold at 10. The Empire State index is closely watched because it is the first regional manufacturing survey for the month. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-industrial-output-up-07-in-february-2013-03-15 | |||||||
| http://www.marketwatch.com/story/inflation-highest-in-more-than-three-years-2013-03-15 | |||||||
| http://www.marketwatch.com/story/empire-state-index-stays-positive-in-march-2013-03-15 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||