| The KUIK Market Update for Wednesday, October 1: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (152) | points | 16,891 | 7:56 AM | ||
| S&P500 | Down | -0.7% | percent | 1,959 | (13.41) | ||
| Nasdaq Composite | Down | -1.0% | percent | 4,447 | (46.48) | ||
| 30 Year Treasury | Down | (7) | Basis Points | 3.14 | Annual Yield | ||
| ADP reports private-sector employers added 213,000 jobs in September, up from 202,000 in August, Economists polled by Dow Jones expected of 209,000. That was the sixth consecutive month of job gains above-200,000. | |||||||
| Outlays for U.S. construction projects fell 0.8% in August to a seasonally adjusted annual rate of $961.0 billion, according to the Commerce Department. Economists expected a 0.5% increase. Spending fell 1.4% for private nonresidential projects and fell 0.1% for residential. Spending fell 0.9% for public projects. July was revised down to a 1.2% gain from 1.8%. | |||||||
| Marketwatch reports a potential “fat-finger” error resulted in $617 billion in cancelled over-the-counter stock trades during the Japanese trading session today, according to the Japan Securities Dealers Association. The flub resulted in trades on 42 companies being cancelled. The largest was one for $116 billion in Toyota shares, or about 57% of the total outstanding stock of the automaker. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/adp-reports-sixth-month-of-job-gains-above-200000-2014-10-01?link=MW_home_latest_news | |||||||
| http://www.marketwatch.com/story/germany-a-fresh-source-of-weakness-as-eurozone-pmi-falls-to-503-2014-10-01 | |||||||
| http://www.marketwatch.com/story/error-results-in-617-billion-canceled-japan-stock-orders-2014-10-01 | |||||||
| For today’s Market Update Report click to listen-> | |||||||