| The KUIK Morning Market Report for Friday, June 28: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | ||
| Dow | Down | (101) | points | 14,921 | 6:57 AM | ||
| S&P500 | Down | -0.58% | percent | 1,604 | |||
| Nasdaq Composite | Down | -0.39% | percent | 3,389 | |||
| 30 Year Treasury | Up | 2 | Basis Points | 3.57 | Annual Yield | ||
| After a bad May, the Milwaukee manufacturing bounced back in June. The Marquette-Institute for Supply Management manufacturing index rose to a seasonally adjusted 51.55 from 40.67 in May. The new-orders component climbed to 49.48 from 33.12. | |||||||
| Growth in Chicago-area manufacturing fell in June, as the Chicago Purchasing Managers Index fell to a 51.6 reading from 58.7 in May, the largest monthly drop in over four years, though economists had noted that May’s reading was unusually strong. Economists polled by MarketWatch expected 55. | |||||||
| A senior Vatican cleric, a financial broker and a member of Italy’s secret service have been arrested in connection with an investigation into the Vatican’s bank, according to Marketwatch. Vatican accountant Monsignor Nunzio Scarano was taken into custody this week on suspicion of corruption, fraud and slander arising from a money-laundering scheme. Prosecutors claim the prelate was a middleman in a plan to sneak 20 million euros from Switzerland into Italy on a government flight. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/milwaukee-pmi-bounces-back-in-june-2013-06-28 | |||||||
| http://www.marketwatch.com/story/chicago-pmi-cools-in-june-to-below-forecast-level-2013-06-28 | |||||||
| http://www.marketwatch.com/story/vatican-prelate-arrested-in-bank-fraud-swoop-2013-06-28 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||