| The KUIK Market Update for Friday, August 30: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (46) | points | 14,796 | 8:11 AM | ||
| S&P500 | Down | -0.28% | percent | 1,634 | (4.54) | ||
| Nasdaq Composite | Down | -0.66% | percent | 3,597 | (23.77) | ||
| 30 Year Treasury | Down | (0) | Basis Points | 3.70 | Annual Yield | ||
| The Commerce Department reports consumer spending in July edged up 0.1% on a seasonally adjusted basis. Personal incomes also rose 0.1%. Economists surveyed by MarketWatch expecteda 0.3% advance in spending and a 0.1% gain in personal incomes. The personal savings rate held steady at 4.4% and inflation increased 0.1%. | |||||||
| Guess what else you might have to bring to work? To save money, some firms have cut back on free coffee, snacks, and other employee perks. However a survey of 2,000 Chief Information Officers by technology consulting firm Gartner finds that by 2017, half of employers worldwide are expected to require employees to supply their own computing devices — in most cases, this means a smartphone or tablet, but could also mean your work desktop or laptop. So if you need a smartphone for business calls or an iPad for client meetings, you’ll need to buy one or bring your own from home, says David Willis, the chief of research for mobility and communications at Gartner. “It’s like how on a construction site you bring your own tools.” | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-consumer-spending-barely-rises-in-july-2013-08-30 | |||||||
| http://www.marketwatch.com/story/end-of-the-company-issued-computer-2013-08-30 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||