| The KUIK Morning Market Report for Wednesday, August 20: | |||||||
| Markets are flat. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (1) | points | 16,919 | 6:58 AM | ||
| S&P500 | Down | 0.0% | percent | 1,981 | (0.51) | ||
| Nasdaq Composite | Down | -0.1% | percent | 4,523 | (4.78) | ||
| 30 Year Treasury | Up | 0 | Basis Points | 3.22 | Annual Yield | ||
| he U.K.’s FTSE 100 index snapped a five-day winning streak and the pound climbed today after minutes from the latest Bank of England policy-setting meeting showed two members were in favor of hiking interest rates. The FTSE 100 index fell 0.3% to 6,758.19, after closing at the highest level since late July on Tuesday. | |||||||
| Japan stocks ended higher for an eighth day on Wednesday to cap its longest winning streak since the end of last year, thanks to an overnight advance on Wall Street and a weaker yen. The Nikkei Average rose less than 1% to 15,454. | |||||||
| In chip news, Infineon Technologies fell 2.3% in Germany on reports the company is near a deal to buy a U.S.-based semiconductor maker for $2 billion, according to Bloomberg. Bloomgberg said in a report last month that potential targets included Power Integrations, Fairchild Semiconductor, and Semtech. Chief Executive Officer Reinhard Ploss has been looking for deal since he took over in 2012 | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/ftse-breaks-5-day-winning-streak-ahead-of-boe-report-2014-08-20 | |||||||
| http://www.marketwatch.com/story/japan-stocks-log-longest-winning-streak-in-eight-months-2014-08-20 | |||||||
| http://www.marketwatch.com/story/infineon-may-buy-us-chip-company-for-2-billion-report-2014-08-20?link=MW_latest_news | |||||||
| For today’s Morning Market Report click to listen-> | |||||||