| The KUIK Morning Market Report for Thursday, October 16: | |||||||
| Markets are down at the open. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (98) | points | 16,038 | 6:54 AM | ||
| S&P500 | Down | -0.7% | percent | 1,849 | (13.63) | ||
| Nasdaq Composite | Down | -0.9% | percent | 4,176 | (39.12) | ||
| 30 Year Treasury | Down | (1) | Basis Points | 2.87 | Annual Yield | ||
| The Labor Department reports the number of new applications for unemployment benefits fell by 23,000 to 264,000 in the week ended October 11, lowest level since April 2000. Economists expected a slight increase to 289,000 from 287,000 the week before. | |||||||
| Marketwatch reports industrial production climbed 1% in September. Economists expected only a 0.4% gain. It included a 3.9% jump for utilities, a 1.8% gain for mining, and a 0.5% gain for manufacturing output. It took the third quarter increase gain to an annual rate of 3.2%. Capacity utilization rose to 79.3% in September from 78.7% in August. | |||||||
| Thirteen nurses from Ohio on the same flight with a Dallas nurse diagnosed with Ebola have been placed on paid leave while their health is being checked daily for possible symptoms, according to two Clevelnd area hospital systems. The woman with Ebola helped treat a Liberian man diagnosed with the virus at Texas Health Presbyterian Hospital Dallas on September 30. He died October 8. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/jobless-claims-drop-to-lowest-level-in-more-than-14-years-2014-10-16 | |||||||
| http://www.marketwatch.com/story/industrial-production-jumps-1-in-september-2014-10-16 | |||||||
| http://www.marketwatch.com/story/13-ohio-nurses-are-being-monitored-for-ebola-2014-10-16?link=MW_latest_news | |||||||
| For today’s Morning Market Report click to listen-> | |||||||