| The KUIK Market Update for Friday, April 25: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (156) | points | 16,345 | 8:14 AM | ||
| S&P500 | Down | -0.8% | percent | 1,863 | (15.36) | ||
| Nasdaq Composite | Down | -1.6% | percent | 4,082 | (66.67) | ||
| 30 Year Treasury | Down | (4) | Basis Points | 3.43 | Annual Yield | ||
| Russia’s ruble slipped to the lowest level in more than a week, as concerns about the country’s standoff with Ukraine continued to weigh on Russian assets. The dollar rose 0.7% against the ruble. The ruble briefly trimmed its losses when Russia’s central bank in a surprise move hiked its key lending rate to 7.5% from 7%. Russia’s blue-chip MICEX index is dropped 1.2% to 1,285.47. | |||||||
| The University of Michigan/Thomson Reuters’s gauge of consumer sentiment hit a final April reading of 84.1 for the highest reading since July and up from a final March level of 80. Economists polled by MarketWatch expected 82.8. | |||||||
| The World Gold Council expects Chinese demand for gold bars and coins to climb 25% by 2017 from last year’s record level, according to a report issued last Tuesday. Chinese demand reached a record of 397 metric tons in 2013, up 38% over 2012, with the climb “connected to the relatively limited set of investment options for savers in China.” | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/ruble-slips-to-one-week-low-amid-political-tensions-2014-04-25?link=MW_Nav_INV | |||||||
| http://www.marketwatch.com/story/consumer-sentiment-highest-since-july-2014-04-25?link=MW_Nav_EP | |||||||
| http://blogs.marketwatch.com/thetell/2014/04/15/china-physical-gold-demand-to-rise-25-by-2017-world-gold-council/ | |||||||
| For today’s Market Update Report click to listen-> | |||||||