| The KUIK Morning Market Report for Thursday, March 27: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 11 | points | 16,190 | 7:01 AM | ||
| S&P500 | Up | 0.75 | points | 1,843 | |||
| Nasdaq Composite | Up | (3.00) | percent | 3,570 | |||
| 30 Year Treasury | Up | (4) | Basis Point(s) | 3.53 | Annual Yield | ||
| Fourth Quarter GDP figures are in. The estimate was for 2.7% and the actual number was 2.6%. | |||||||
| Consumer sentiment fell to final March reading of 80, the lowest level since November from a final Februay level of 81.6 according to the University of Michigan Thompson Reuters survey of consumer sentiment. Economists expected 81.Jobless claims estimates were 325K and the actual was 311K for the week ended March 22. | |||||||
| Pending home sales figures are anticipated later today. | |||||||
| Consumer spending grew at a 3.3 percent rate with increases in spending on health care and utilities. Spending on long-lasting manufactured goods was also higher. | |||||||
| Serving the West Side first, I am Mike Elerath of BR Capital for AM 1360 KUIK. | |||||||
| Yahoofinance.com | |||||||
| Bloomberg.com | |||||||
| For today’s Morning Market Report click to listen-> | |||||||