Morning Market Report 4/1/2013

The KUIK Morning Market Report for Monday, April 1:
Markets are flat this morning.
Index Direction Change Units Last Time Change
Dow Down                    (25) points             14,553 7:02 AM
S&P500 Down -0.34% percent               1,564              (5.26) points
Nasdaq Composite Down -0.36% percent               3,256             (11.92) points
30 Year Treasury Up                       2 Basis Points                 3.12 Annual Yield
Manufacturing picked up in China.  The country’s official purchasing managers’  index, a rose to 50.9 in March from 50.1 in February.  It was the highest reading since April last year.  Meanwhile, the HSBC PMI, another   survey of manufacturers, rose to 51.6 in March from 50.4 in February.
The   final reading of Markit’s U.S. manufacturing purchasing managers index was 54.6 in March, down from the flash reading of 54.9 but above February.  Any readings above 50 indicate expansion.  ISM index falls to 51.3% in March from 54.2%.
May Crude  fell nearly 1%,  to $96.39 a barrel on the New York Merc.  Oil rose 65 cents, or 0.7%, to settle at $97.23 a barrel on Thursday. For  March, it rose 5.6% and for the quarter, 5.9%.
Feb. construction spending up 1.2%
Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/china-manufacturing-picks-up-modestly-2013-03-31
http://www.marketwatch.com/story/markits-final-manufacturing-pmi-at-546-in-march-2013-04-01
http://www.marketwatch.com/story/oil-prices-fall-break-five-session-winning-run-2013-04-01
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