| The KUIK Morning Market Report for Monday, July 1: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | ||
| Dow | Up | 131 | points | 15,038 | 6:57 AM | ||
| S&P500 | Up | 0.90% | percent | 1,621 | |||
| Nasdaq Composite | Up | 1.23% | percent | 3,445 | |||
| 30 Year Treasury | Up | 2 | Basis Points | 3.52 | Annual Yield | ||
| The final read of the Markit U.S. manufacturing purchasing managers index was 51.9 in June, worse than the initial 52.2 and down from 52.3 in May. This is the slowest rate of growth since last October. Output expanded in June from but employment fell into contraction territory. | |||||||
| The euro-zone manufacturing purchasing managers index rose to a 16-month high in June,. Indexess rose in all nations except Germany, where the final number was revised down to 48.6. | |||||||
| Unemployment in Europe hit a record high in May, as the region grapples with recession. The percentage of those out of work in the euro zone was 12.1% in May according to EuroStat. The highest rates were in Spain and Greece, with jobless rates of 26.9% and 26.8%. Joblessness increased in 17 of the EU countries and fell in 10. People less than 25 years old bore the brunt, as youth unemployment hit 23.8% in the euro zone in May, with Greece tops at 59.2%. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-final-manufacturing-pmi-at-519-in-june-2013-07-01 | |||||||
| http://www.marketwatch.com/story/europe-pmi-at-16-month-high-in-june-germany-slips-2013-07-01 | |||||||
| http://www.marketwatch.com/story/euro-zone-unemployment-hits-record-high-2013-07-01 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||