| The KUIK Morning Market Report for Wednesday, September 25: | |||||||
| Markets are flat. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (5) | points | 15,330 | 6:55 AM | ||
| S&P500 | Down | -0.04% | percent | 1,697 | (0.68) | ||
| Nasdaq Composite | Down | -0.13% | percent | 3,763 | (4.81) | ||
| 30 Year Treasury | Up | 2 | Basis Points | 3.69 | Annual Yield | ||
| The Commerce Department reports orders for durable goods rose 0.1% September to a seasonally adjusted $224.9 billion after a revised 8.1% drop in July, Demand for autos surged, but bookings in other segments of the U.S. manufacturing sector were mixed. Auto orders jumped 2.4% to $46.3 billion and sales in August rose to their fastest annual pace since December of 2007. But Boeing had just 16 orders new orders in September, down from 90 in July and 287 in June and was the smallest increase in six months | |||||||
| Emergency steps to keep the government from hitting the debt ceiling will run out on Oct. 17, according to Treasury Secretary Jacob Lew in a letter to Speaker of the House John Boehner. Lew said that Treasury would have about $30 billion on hand to pay bills. “far short of expenditures on certain days, which can be as high as $60 billion,” Lew said. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/durable-goods-orders-inch-up-in-august-2013-09-25 | |||||||
| http://www.marketwatch.com/story/lew-steps-to-avoid-debt-limit-run-out-oct-17-2013-09-25-991154 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||