| The KUIK Morning Market Report for Monday, August 5: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (61) | points | 15,597 | 7:02 AM | ||
| S&P500 | Down | -0.19% | percent | 1,706 | (3.32) | ||
| Nasdaq Composite | Down | -0.09% | percent | 3,686 | |||
| 30 Year Treasury | Up | 3 | Basis Points | 3.71 | Annual Yield | ||
| Europe is growing again according to the Euro-zone final purchasing managers’ indexes for July. The composite index 50.5, above a preliminary reading of 50.4 and better than June’s 48.7. The July reading marked the first time since January 2012 the index has climbed above the 50 level that indicates expansion. | |||||||
| European stock markets extended gains into a sixth straight session today, with several firms on the rise after broker upgrades and investors digesting that euro-zone PMI data. The Stoxx Europe 600 index added 0.3% to 304.96, on track for the highest close since late May. | |||||||
| The U.K. service sector expanded at its fastest pace since late 2006 in July, as new businesses continued to rise strongly due to improving economic conditions, according to the Markit/CIPS purchasing managers’ index. The headline business-activity index climbed to 60.2 during July, up from 56.9 in June and beating expectations of a 56 reading. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/europe-stocks-rise-after-pmi-broker-upgrades-2013-08-05 | |||||||
| http://www.marketwatch.com/story/europe-stocks-rise-after-pmi-broker-upgrades-2013-08-05 | |||||||
| http://www.marketwatch.com/story/uks-services-pmi-jumps-to-602-in-july-2013-08-05 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||