| The KUIK Morning Market Report for Monday, August 25: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 93 | points | 17,094 | 7:03 AM | ||
| S&P500 | Up | 0.5% | percent | 1,999 | 10.44 | ||
| Nasdaq Composite | Up | 0.6% | percent | 4,564 | 25.37 | ||
| 30 Year Treasury | Down | (1) | Basis Points | 3.14 | Annual Yield | ||
| Economic activity accelerated in July, according to the national activity index from the Chicago Fed. The index rose to 0.39 up from 0.21 in July. Readings above zero indicate above-trend growth. The index is a weighted average of 85 different economic indicators. | |||||||
| German Business Confidence fell more than expected. The d survey from the Munich-based Ifo Institute fell to 106.3 in August from 108.0 in July, falling for the fourth straight month. A Wall Street Journal survey expected a drop to 107. The survey validates sources that show the crisis in Ukraine has dampened business sentiment, which may weigh on investment. | |||||||
| Amazon.com is gearing up to directly challenge Google’s dominance of the online advertising market. It is developing its own software for placing ads online that would leverage its knowledge of the buying habits of millions of Web shoppers. Initially, Amazon plans to replace those ads on its pages that Google supplies with a new in-house ad placement platform. In the future, that system could challenge Google’s $50 billion-a-year advertising business as well as Microsoft. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/economic-activity-accelerates-in-july-chicago-fed-index-shows-2014-08-25 | |||||||
| http://www.marketwatch.com/story/german-business-confidence-survey-weaker-than-expected-2014-08-25 | |||||||
| http://www.marketwatch.com/story/amazon-to-challenge-google-in-online-ad-business-2014-08-24 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||