| The KUIK Market Update for Wednesday, June 19: | |||||||
| Markets are down a little. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (23) | points | 15,294 | 8:04 AM | ||
| S&P500 | Down | -0.14% | percent | 1,649 | (2.37) | points | |
| Nasdaq Composite | Down | -0.09% | percent | 3,479 | (3.00) | points | |
| 30 Year Treasury | Down | (2) | Basis Points | 3.32 | Annual Yield | ||
| U.S. stocks fell, snapping a two-day rally in the S&P 500 Index, as investors awaited the outcome of the two day Federal Reserve meeting for signs about when it plans to scale back its bond buying. The Fed is scheduled to release its monetary-policy decision at 11 a.m. Pacific followed by a news conference at 11:30 a.m. from Fed Chairman Ben Bernanke. | |||||||
| Japan’s exports surged in May, as the yen traded at its weakest levels of the year, leading to a smaller-than-expected trade deficit. Japanese exports rose 10.1% from a year ago, according to the Finance Ministry. The results beat a 6.5% forecast from Reuters, and a 5% increase from Dow Jones. The surge got help from an 8.3% rebound in exports to China, exports to the U.S.16.3%. Those to Europe fell 4.9%. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2013-06-19/u-s-stock-futures-are-little-changed-adobe-shares-climb.html | |||||||
| http://www.marketwatch.com/story/japans-may-exports-surge-more-than-10-2013-06-18 | |||||||
| For today’s Market Update Report click to listen-> | |||||||