| The KUIK Morning Market Report for Monday, July 14: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 128 | points | 17,072 | 7:02 AM | ||
| S&P500 | Up | 0.5% | percent | 1,978 | 10.42 | ||
| Nasdaq Composite | Up | 0.6% | percent | 4,441 | 25.32 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 3.35 | Annual Yield | ||
| Citigroup struck a $7 billion deal with the Justice Department to settle allegations it sold bad mortgages in the run-up to the financial crisis. The bank said it will pay $4.5 billion in cash and provide $2.5 billion in consumer relief. The cash portion consists of a $4 billion civil penalty payment to the Department of Justice and $500 million in compensatory payments to state attorneys general and the FDIC. | |||||||
| 3D printers are coming to a Home Depot near you. Home Depot is selling devices from MakerBot, a 3-D printer maker acquired by Stratasyslast year, in 12 locations as part of a pilot project. The effort will include stores in California, Illinois and New York. | |||||||
| European stock markets rose on Monday as fears about the soundness of Portuguese banks receded, and investors focused on upcoming data and corporate results. The Stoxx Europe 600 index picked up 0.7% to 339.06, after posting its biggest weekly percentage loss since March on Friday. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/citigroup-to-pay-7-billion-to-resolve-mortgage-probe-2014-07-14 | |||||||
| http://www.bloomberg.com/news/2014-07-14/home-depot-starts-selling-3-d-printers-in-stores-for-first-time.html | |||||||
| http://www.marketwatch.com/story/european-stocks-climb-for-second-day-shire-rises-2014-07-14 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||