| The KUIK Morning Market Report for Tuesday, October 29: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 56 | points | 15,626 | 7:00 AM | ||
| S&P500 | Up | 0.22% | percent | 1,766 | 3.93 | ||
| Nasdaq Composite | Up | 0.06% | percent | 3,942 | 2.28 | ||
| 30 Year Treasury | Up | 3 | Basis Points | 3.63 | Annual Yield | ||
| The Commerce Department reported that retail sales decreased a seasonally adjusted 0.1% in September. Sales at auto dealers fell 2.2%, the biggest drop in nearly a year. The report was delayed for several weeks because of the government shutdown earlier this month. Sales of cars and trucks fell to an annual rate of 15.2 million units from a nearly six-year high of 16 million in August. Excluding cars, retail sales climbed 0.4%, the third biggest increase of the year. | |||||||
| The Labor Department reported U.S. producer price index slipped a seasonally adjusted 0.1% in Septembe. Excluding the volatile categories of food and energy, core wholesale prices rose 0.1%. Economists surveyed by MarketWatch predicted a 0.3% increase in the overall producer price index and a 0.1% rise in core PPI. Food fell 1%, the biggest drop in five months. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-retail-sales-fall-slightly-in-september-2013-10-29 | |||||||
| http://www.marketwatch.com/story/us-wholesale-prices-decline-in-september-2013-10-29-9103510 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||