| The KUIK Morning Market Report for Thursday, April 25: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 18 | points | 14,694 | 7:05 AM | ||
| S&P500 | Up | 0.44% | percent | 1,586 | 6.89 | points | |
| Nasdaq Composite | Up | 0.67% | percent | 3,292 | 22.06 | points | |
| 30 Year Treasury | Up | 2 | Basis Points | 2.91 | Annual Yield | ||
| The Labor Department reports initial jobless claims dropped by 16,000 to a seasonally adjusted 339,000 in the week ended April 20. That’s the second lowest reading in 2013 and isnear levels last seen in January 2008. Economists surveyed by MarketWatch expected claims fall to 351,000 from a revised 355,000 a week before. | |||||||
| The average rate on the 15-year fixed-rate mortgage hit a record low of 2.61% in the week ending April 25, down from 2.64% the week before, Freddie Mac said in its weekly report. A year ago, the 15-year rate was 3.12%.The 30-year fixed-rate mortgage ticked down to 3.40% in the latest week from 3.41% the week before. Its record low is 3.31%. | |||||||
| June Gold is up by $23.50, or 1.7%, to $1,447 an ounce on the New York Merc. Gold has crawled back about halfway from its big rout that began in the second week of April. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-jobless-claims-fall-near-five-year-low-2013-04-25 | |||||||
| http://www.marketwatch.com/story/15-year-mortgage-rate-hit-record-low-of-261-2013-04-25 | |||||||
| http://www.marketwatch.com/story/gold-stretching-gains-into-second-day-2013-04-25 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||