Market Update Report 7/25/2014

The KUIK Market Update for Friday, July 25:
Markets are down.
Index Direction Change Units Time Change
Dow Down                   (148) points           16,936 8:05 AM
S&P500 Down -0.5% percent             1,978            (9.96)
Nasdaq Composite Down -0.7% percent             4,441           (30.79)
30 Year Treasury Down                      (4) Basis Points               3.26 Annual Yield
The Commerce Department reports that orders for durable goods ros 0.7% in June. That beat expectations. Economists expected only a 0.2% rise . May’s orders were revised downward for 1% drop. Auto orders fell 2.1% in the month while  civilian aircraft rose 8.2%. Taking out the  volatile transportation sector, orders rose 0.8% and excluding defense, orders rose 0.7% after a 0.2% gain in May.
Google will start a new project mapping the human body. Baseline Study will collect anonymous genetic and molecular information from 175 people — and later thousands more — to create the fullest picture of what a healthy human being look like. Other mass medical and genomics studies exist. But Baseline will amass a larger and broader set of data. The hope is that this will help researchers detect killers such as heart disease and cancer earlier, pushing medicine more toward prevention rather than the treatment of illness.
Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/durable-goods-orders-rise-solid-07-in-june-2014-07-25
http://www.marketwatch.com/story/googles-next-map-a-healthy-human-body-2014-07-25?dist=lcountdown
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