| The KUIK Market Update for Tuesday, April 8: | |||||||
| Markets are mixed. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (28) | points | 16,222 | 7:44 AM | ||
| S&P500 | Down | 0.0% | percent | 1,844 | (0.57) | ||
| Nasdaq Composite | Up | 0.3% | percent | 4,090 | 10.09 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 3.56 | Annual Yield | ||
| Small-business optimism improved in March but is still below January according to the National Federation of Independent Business. Its index rose 2 points to 93.4, helped by respondents who expect real sales to be higher. Six of the ten components of the index rose, two were unchanged and two were lower. The best component, at positive 24%, is “plans to make capital outlays,” and the worst component, at negative 24%, is “earnings trends.” | |||||||
| The International Monetary Fund on Tuesday trimmed its global economic growth forecast for this year and next. The IMF estimates 3.6% in 2014 and 3.7% in 2015, after 3.3% growth in 2013. The IMF still sees U.S. growth of 2.7% in 2014 and 3% in 2015. | |||||||
| Oil futures gained as tensions rose in Ukraine, but upside remained limited by concerns over supply. May Nymex WTI crude futures rose 1%, to $101.41 a barrel. Ukrainian police on today took back control of a government building occupied by pro-Russian separatists in an eastern Ukraine city, while Russian police warned that the use of force to dislodge demonstrators could push the country into civil war. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/small-business-optimism-sees-small-recovery-in-march-2014-04-08 | |||||||
| http://www.marketwatch.com/story/imf-trims-global-growth-forecast-on-russia-brazil-2014-04-08 | |||||||
| http://www.marketwatch.com/story/gold-reclaims-1300-ahead-of-fed-minutes-2014-04-08?dist=markets | |||||||
| For today’s Market Update Report click to listen-> | |||||||