| The KUIK Morning Market Report for Tuesday, January 21: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 17 | points | 16,475 | 6:58 AM | ||
| S&P500 | Up | 0.49% | percent | 1,848 | 9.03 | ||
| Nasdaq Composite | Up | 0.69% | percent | 4,226 | 28.79 | ||
| 30 Year Treasury | Down | (1) | Basis Points | 3.75 | Annual Yield | ||
| The U.S. stock markets opened higher buoyed by the news that China’s central bank injected liquidity into large banks while upbeat earnings reports from Johnson and Johnson and Verizon pushed the indexes higher after the long weekend. | |||||||
| The International Monetary Fund lifted its 2014 growth forecast for the U.K., saying activity in the country has been pushed up by easier credit conditions and increased confidence. Economic growth is expected to pick up 2.4% in 2014, up from its October estimate of 1.9% improvement. For 2015, the IMF expects the U.K. economy to strengthen by 2.2%. For the euro area, the IMF said the region is “turning the corner from recession to recovery” and should reach economic growth of 1% in 2014. | |||||||
| You’re following the Super Bowl, but what about the the Butter Wars? Marketwatch report s the Butter is now winnng the fat war over margarine. Sales of butter have increase 65% since 2000, and per-capita consumption is at a 40-year high of 5.6 pounds of butter per American per year. That’s 2 billion dollars worth. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/stock-futures-rise-after-chinas-cash-injections-2014-01-21 | |||||||
| http://www.marketwatch.com/story/imf-upgrades-uk-economic-growth-forecast-to-24-2014-01-21 | |||||||
| http://www.marketwatch.com/story/butter-is-now-winning-the-fat-wars-2014-01-20 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||