| The KUIK Market Update for Tuesday, December 10: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (18) | points | 16,008 | 8:05 AM | ||
| S&P500 | Down | -0.16% | percent | 1,805 | (2.93) | ||
| Nasdaq Composite | Down | -0.07% | percent | 4,066 | (2.73) | ||
| 30 Year Treasury | Down | (4) | Basis Points | 3.85 | Annual Yield | ||
| The Labor Department reports Job openings at U.S. workplaces rose to 3.93 million in October from 3.88 million in September. October’s job openings rose 7.7% from October of 2012, as private openings increased 7.8% to 3.55 million, and government openings rose to 373,000 from 350,000. With 11.27 million unemployed people in October, there were about 2.9 potential job seekers per opening, close to September’s result. | |||||||
| Chinese data out today shows a mixed picture of that economy. Industrial output for November rose 10% from 2012, slowing from Octobers 10.3% annual increase but matching the expectations from a Wall Street Journal survey of economists. Retail sales are up 13.7% from November 2012, accelerating from October’s 13.3% rise and beating the forecast 13.3% gain from economists. | |||||||
| Feburary Gold gained $31, or 2.5%, to $1,265.20 an ounce on the Comex division of the New York Merc. Analysts attribute the rally to short covering as investors consider if the Federal Reserve will begin scaling back its bond-buying program as soon as this month. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/october-job-openings-rise-to-393-million-2013-12-10-10911123?dist=lcountdown | |||||||
| http://www.marketwatch.com/story/china-industry-slows-growth-but-retail-booms-2013-12-10 | |||||||
| http://www.marketwatch.com/story/treasury-completes-exit-from-gm-2013-12-09?dist=afterbell | |||||||
| For today’s Market Update Report click to listen-> | |||||||