| The KUIK Morning Market Report for Monday, August 18: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 120 | points | 16,783 | 6:56 AM | ||
| S&P500 | Up | 0.6% | percent | 1,968 | 12.48 | ||
| Nasdaq Composite | Up | 0.7% | percent | 4,495 | 30.48 | ||
| 30 Year Treasury | Up | 2 | Basis Points | 3.16 | Annual Yield | ||
| Bloomberg reports Ukrainian Foreign Minister Pavlo Klimkin met his Russian counterpart Sergei Lavrov for more than five hours of talks in Berlin, as they sought to ease tension after officials in Kiev said troops had partially destroyed an armed convoy from Russia. Klimkin said the talks had brought “moderate progress,” though he called on Russia to follow words with actions. | |||||||
| Iraqi and Kurdish forces retook control of the Mosul Dam, according to Iraqiya television. The U.S. increased its airstrikes in Iraq over the weekend to help secure the dam near Mosul, Iraq’s largest northern city, after it was seized by Islamist militants. | |||||||
| The Federal Reserve is watching economic data to help gauge adjustments to monetary stimulus. The central bank remains on pace to wind down its monthly bond purchases in October. Fed Chair Janet Yellen has said officials will keep its benchmark interest rate low for a “considerable time” after the bond buying ends. The central bank releases minutes from its July meeting on Wednesday. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2014-08-18/u-s-index-futures-advance-as-ukraine-begins-truce-talks.html | |||||||
| http://www.bloomberg.com/news/2014-08-18/u-s-index-futures-advance-as-ukraine-begins-truce-talks.html | |||||||
| http://www.bloomberg.com/news/2014-08-18/u-s-index-futures-advance-as-ukraine-begins-truce-talks.html | |||||||
| For today’s Morning Market Report click to listen-> | |||||||