The KUIK Morning Market Report for Tuesday, August 13: |
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Markets are down slightly. |
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Index |
Direction |
Change |
Units |
Last |
Time |
Change |
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Dow |
Down |
(18) |
points |
15,402 |
6:55 AM |
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S&P500 |
Down |
-0.04% |
percent |
1,689 |
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(0.75) |
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Nasdaq Composite |
Down |
-0.04% |
percent |
3,669 |
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(1.66) |
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30 Year Treasury |
Up |
9 |
Basis Points |
3.75 |
Annual Yield |
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Prices for U.S. imports rose 0.2% in July, after decreasing in each of the previous 4 months, according to the Labor Department. The July upturn was driven by rising fuel prices which more than offset lower nonfuel prices. Economists polled by MarketWatch expected a 0.8% increase. |
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The Commerce Department reports sales at U.S. retailers increased 0.2% in July, the fourth straight monthly gain. Economists surveyed by MarketWatch expected total sales to rise 0.3%. Sales rose an upwardly revised 0.6% in June, compared with the prior estimate of a 0.4% gain. |
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Small-business optimism edged up in July, helped by slight gains in the percentage of those planning to increase employment, those saying now’s a good time to expand and those expecting real sales to be higher. The National Federation of Independent Business said its small-business optimism index rose 0.6 points to 94.1 — still half a point below the Dec. 2007 reading, when the U.S. entered recession. The report is based on the responses of 1,615 randomly sampled small businesses in NFIB’s membership |
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Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://www.marketwatch.com/story/us-import-prices-rise-02-in-july-2013-08-13 |
http://www.marketwatch.com/story/us-retail-sales-post-02-gain-in-july-2013-08-13 |
http://www.marketwatch.com/story/nfib-small-business-optimism-edges-up-in-july-2013-08-13 |
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For today’s Morning Market Report click to listen-> |
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