| The KUIK Morning Market Report for Friday, September 13: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 65 | points | 15,367 | 6:57 AM | ||
| S&P500 | Up | 0.22% | percent | 1,687 | 3.74 | ||
| Nasdaq Composite | Up | 0.09% | percent | 3,719 | 3.31 | ||
| 30 Year Treasury | Down | (0) | Basis Points | 3.84 | Annual Yield | ||
| The Commerce Department reported retail sales climbed a seasonally adjusted 0.2% last month. That was the smallest increase since April and below the MarketWatch forecast of a 0.5% increase. However increase in sales for July was revised up to 0.4% from 0.2%. | |||||||
| The Labor Department reported the producer price index rose a seasonally adjusted 0.3% in August after no change in July, Economists predicted a 0.2% increase. Energy prices climbed 0.8% due to higher prices for oil. But natural gas and home-heating oil prices fell in August. The cost of food at the wholesale level, meanwhile, jumped 0.6% to mark the biggest increase in four months. Vegetable prices surged nearly 27% — the biggest spike since January. | |||||||
| Twitter plans to go public. The San Francisco-based social-media network said yesterda yit has filed papers as part of a plan for an initial public offering. The announcement was made via the company’s own official Twitter account with the disclaimer: “This tweet does not constitute an offer of any securities for sale.” | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/sales-at-us-retailers-soften-in-august-2013-09-13 | |||||||
| http://www.marketwatch.com/story/us-wholesale-prices-climb-in-august-2013-09-13 | |||||||
| http://www.marketwatch.com/story/twitter-files-confidential-papers-for-ipo-2013-09-12-171034128 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||