| The KUIK Morning Market Report for Thursday, July 25: | |||||||
| Markets are mixed. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (50) | points | 15,492 | 7:12 AM | ||
| S&P500 | Up | 0.01% | percent | 1,686 | 0.18 | ||
| Nasdaq Composite | Up | 0.37% | percent | 3,593 | 4.45 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 3.67 | Annual Yield | ||
| The Labor Department reported initial jobless claims moved up by 7,000 to a seasonally adjusted 343,000 in the week ended July 20. Economists polled by MarketWatch had expected claims to rise to 342,000 from a revised 336,000 the week before. | |||||||
| Orders for U.S.-made durable goods in June were up by 4.2%, the third straight large monthly gain, according to the Commerce Department. It is due to a large increase in aircraft orders. Economists expected only a 2.3% gain. | |||||||
| Big gains from Facebook dominate the action in the tech-sector. The social-networker’s stock has been up as much as 27% in early trading following a better-than-expected quarterly reportafter yesterday’s close. Also scoring big gains are Qualcomm, TripAdvisor, and Baidu following those companies’ strong earnings results | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-jobless-claims-rise-slightly-in-mid-july-2013-07-25 | |||||||
| http://www.marketwatch.com/story/us-durable-goods-orders-jump-42-on-aircraft-2013-07-25 | |||||||
| http://www.marketwatch.com/story/facebooks-surge-leads-early-tech-gains-2013-07-25 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||