| The KUIK Morning Market Report for Wednesday, March 26: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | N/A | points | – | 7:14 AM | ||
| S&P500 | Up | 0.43% | percent | 1,874 | 8.09 | ||
| Nasdaq Composite | Up | 0.52% | percent | 4,256 | 21.87 | ||
| 30 Year Treasury | Down | (0) | Basis Points | 3.58 | Annual Yield | ||
| The Commerce Department reports orders for durable goods climbed 2.2% in February to a seasonally adjusted $229.4 billion. Economists expected no increase from January. Orders for airplanes jumped 13.6% and autos rose 3.6%. Both of those categories declined in January. Taking out the volatile transportation sector, orders rose a much smaller 0.2%. Business investment in the form of core capital goods orders fell 1.3% in February for the fourth decline in the past six months. | |||||||
| The euro is down against the dollar today. Yesterday it was hurt after the Ifo Institute said its German business-climate index fell in March from February, ending a fourth-month rise. Investors ares considering comments from European officials who signaled that a low level of inflation may prompt them to take action. Bundesbank President Jens Weidmann on yeserday didn’t rule out large-scale asset purchases like the quantitative easing bond buying programs here in the US. | |||||||
| Happy Birthday Mom! | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/durable-goods-orders-rise-22-in-february-2014-03-26 | |||||||
| http://www.marketwatch.com/story/euro-down-vs-dollar-as-ecb-officials-talk-stimulus-2014-03-26?dist=markets | |||||||
| For today’s Morning Market Report click to listen-> | |||||||