| The KUIK Morning Market Report for Friday, April 26: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 33 | points | 14,734 | 7:03 AM | ||
| S&P500 | Up | 0.01% | percent | 1,585 | 0.15 | points | |
| Nasdaq Composite | Down | -0.14% | percent | 3,285 | (4.60) | points | |
| 30 Year Treasury | Down | (3) | Basis Points | 2.87 | Annual Yield | ||
| The Commerce Department reports gross domestic product grew at a 2.5% annual rate in the first quarter, up from only 0.4% at the end of 2012. The boost came mostly from consumer spending which rose 3.2% from 1.8% in the fourth quarter. | |||||||
| The U.S. Senate passed a bill late yesterday to ease flight delays linked to the sequester by giving the Department of Transportation permission to move money from its other accounts to shore up air-traffic-controller staffing. The House of Representatives could vote on the measure as early as today. | |||||||
| The University of Michigan-Thomson Reuters consumer-sentiment gauge fell to a final April reading of 76.4. This is the lowest result since January from a final March reading of 78.6. Economists polled by MarketWatch expected 74. In April consumers faced negative news on jobs and federal spending, and higher payroll taxes, though for positives they saw stocks rise and gasoline prices drop. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-economy-expands-25-in-first-quarter-2013-04-26 | |||||||
| http://www.marketwatch.com/story/senate-votes-to-ease-flight-delays-from-sequester-2013-04-25 | |||||||
| http://www.marketwatch.com/story/consumer-sentiment-falls-in-april-to-3-month-low-2013-04-26 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||