The KUIK Morning Market Report for Monday, April 21: |
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Markets are up. |
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Index |
Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Up |
33.0 |
points |
16,445 |
7:05 AM |
|
|
S&P500 |
Up |
0.32% |
percent |
1,871 |
|
5.95 |
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Nasdaq Composite |
Up |
0.51% |
percent |
4,116 |
|
20.71 |
|
30 Year Treasury |
Down |
(2) |
Basis Points |
3.49 |
Annual Yield |
|
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The U.S. stock market began the week with modest gains as investors readied for a wave of corporate results. Reporting ahead of the opening bell this morning, Halliburton, Hasbro, and Kimberly-Clark beat Wall Street’s expectations. Netflix is scheduled to release earnings results after the close. |
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Advanced Micro Devices is up 9.8% to $4.03 a share. The chip-maker and Intel rival said late Thursday that it narrowed its first-quarter loss due to strong revenue growth in its graphics and visual solutions unit. |
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Oil prices showed little change today, holding near a six-week high hit last week on uncertainty in Ukraine and U.S. economic reports that have supported a stronger outlook for energy demand. May crude is off 0.2%, to $104.14 a barrel. |
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The National Association for Business Economics survey of 72 economists didn’t find a single respondent who thinks the U.S. economy will contract this year, the fourth-consecutive survey where that’s happened. The NABE polls its members quarterly, and most like Wall Street expect the economy to grow between 2.1% and 3% this year. |
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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://stream.marketwatch.com/story/markets/SS-4-4/SS-4-60381/ |
http://on.mktw.net/1mrzTfT |
http://on.mktw.net/1mrFJhi |
http://blogs.marketwatch.com/capitolreport/2014/04/21/seventy-two-economists-polled-and-exactly-zero-see-economy-contracting-this-year/ |
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For today’s Morning Market Report click to listen-> |
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