The KUIK Morning Market Report for Monday, April 14: |
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Markets are up. |
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Index |
Direction |
Change |
Units |
Last |
Time |
Change |
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Dow |
Up |
61 |
points |
16,088 |
7:00 AM |
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S&P500 |
Up |
0.4% |
percent |
1,824 |
|
7.92 |
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Nasdaq Composite |
Up |
0.3% |
percent |
4,011 |
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11.75 |
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30 Year Treasury |
Up |
1 |
Basis Points |
3.48 |
Annual Yield |
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The Commerce Department reports retail sales rose 1.1% in March, showing the economy is improving after the cold winter weather. This was the largest gain since September 2012. Excluding the 3.1% rise in auto sales retail sales rose 0.7%, the fastest pace since February 2013. Retail sales in February were revised to a 0.7% gain, much stronger than the initial estimate of a 0.3% increase. |
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Russian stocks dropped as tension escalated between Russia and Ukraine, with pro-Russian activists ignoring a deadline from Kiev to disarm or face military force. Russia’s blue-chip MICEX index fell 1.4% to 1,343.30. Ukraine’s government has mobilized the military to move east in an effort to stop pro-Russian seperatists from extending their reach into the country,. |
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Oil futures are mixed, with Brent futures buoyed by further tensions in Ukraine ICE Brent crude futures rose 0.6%, to $107.96 a barrel. |
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Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://www.marketwatch.com/story/retail-sales-sizzle-in-march-2014-04-14 |
http://www.marketwatch.com/story/russian-stocks-fall-as-russian-activists-hold-firm-in-ukraine-2014-04-14?dist=markets |
http://www.marketwatch.com/story/oil-futures-mixed-brent-lifted-by-ukraine-tensions-2014-04-14?dist=markets |
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For today’s Morning Market Report click to listen-> |
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