The KUIK Morning Market Report for Friday, October 25: |
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Markets are up. |
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Index |
Direction |
Change |
Units |
Last |
Time |
Change |
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Dow |
Up |
42 |
points |
15,551 |
7:07 AM |
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S&P500 |
Up |
0.28% |
percent |
1,757 |
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4.96 |
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Nasdaq Composite |
Up |
0.71% |
percent |
3,957 |
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27.81 |
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30 Year Treasury |
Down |
(2) |
Basis Points |
3.60 |
Annual Yield |
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The Commerce Department announed orders for durable goods jumped 3.7% in September, led by a 57.5% increase in aircraft. Boeing signed contracts for 127 jetliners last month compared to just 16 in August. Economists expected a seasonally adjusted 3.0% increase. However taking out the out the volatile transportation sector, new orders dipped 0.1% in September, the third straight decline. |
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Northwest stocks Microsoft and Amazon are leading the Nasdaq higher this morning. Microsoft is up 6.5% to $35.91 a share a day after the software maker released results that showed a solid start to revamping of its business. Amazon.com’s shares jumped 9.3% to $364.92 a share after the online retailer’s strong third-quarter results signaled healthy momentum heading into the holiday shopping season |
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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/durable-goods-orders-rise-37-in-september-2013-10-25 |
http://www.marketwatch.com/story/us-stocks-up-on-better-than-expected-earnings-2013-10-25 |
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For today’s Morning Market Report click to listen-> |
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