| The KUIK Morning Market Report for Monday, May 6: | |||||||
| Markets are mixed this morning. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (26) | points | 14,947 | 7:02 AM | ||
| S&P500 | Up | 0.04% | percent | 1,615 | 0.69 | points | |
| Nasdaq Composite | Up | 1.14% | percent | 3,379 | 38.01 | points | |
| 30 Year Treasury | Down | (1) | Basis Points | 2.96 | Annual Yield | ||
| U.S. stocks started slightly higher on Monday following the S&P 500 index’s record run above 1,600 and the Friday’s April jobs report, which exceeded expectations. | |||||||
| Intel was upgraded by RBC Capital to outperform from sector perform, which cited the chip giant’s potential in mobile and the “all-time low sentiment in PCs.” Shares of Intel rose about 1% to $24.15 at the opening bell. Last week,Intel named Brian Krzanich as its new chief executive officer. | |||||||
| The employment trends index edged up 0.1% in April as five of its eight components rose, according to the Conference Board. The index is up 3.8% from the same period of 2012. “Despite weak economic activity, the employment trends index is still signaling moderate job growth in the coming months,” said Gad Levanon, director of macroeconomic research at The Conference Board, in a statement. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-stocks-open-near-unchanged-after-record-rise-2013-05-06-9913817 | |||||||
| http://stream.marketwatch.com/story/markets/SS-4-4/SS-4-29828/ | |||||||
| http://www.marketwatch.com/story/employment-trends-index-inches-up-in-april-2013-05-06 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||