| The KUIK Morning Market Report for Friday, April 4: | |||||||
| Markets are up slightly. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 16 | points | 16,583 | 6:55 AM | ||
| S&P500 | Unchanged | 0.0% | percent | 1,889 | 0.04 | ||
| Nasdaq Composite | Down | -0.6% | percent | 4,214 | (24.14) | ||
| 30 Year Treasury | Down | (1) | Basis Points | 3.62 | Annual Yield | ||
| The Labor Department reports the US created 192,000 new obs in March as hiring rebounded. Every industry except manufacturing added to payrolls, with job gains strongest in the professional ranks and bars and restaurants,. Manufacturers lost 1,000 jobs. The size of the labor force surged by 503,000 in March, and the participation rate climbed to 63.2% from 63%, the highest level since last September. | |||||||
| The average rate for a 30-year fixed-rate mortgage ticked up to 4.41% in the week that ended April 3 from 4.40% in the week before, according to Freddie Mac. A year ago, the rate was 3.54%. The average rate for the 15-year fixed increased to 3.47% from 3.42%. | |||||||
| Shares of Boise based Micron Technology rallied early this morning to lead the tech sector higher, a day after the memory chip maker beat Wall Street earnings estimates. Micron rose more than 2% to $24.50 in early trades, as the company pointed to solid demand in the memory chip market. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-creates-192000-jobs-in-march-2014-04-04 | |||||||
| http://www.marketwatch.com/story/30-year-mortgage-rate-rises-to-441-2014-04-03-9915954 | |||||||
| http://www.marketwatch.com/story/micron-rallies-leading-tech-stocks-higher-2014-04-04?dist=markets | |||||||
| For today’s Morning Market Report click to listen-> | |||||||