| The KUIK Morning Market Report for Tuesday, October 21: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 80 | points | 16,479 | 7:17 AM | ||
| S&P500 | Up | 1.1% | percent | 1,924 | 19.99 | ||
| Nasdaq Composite | Up | 1.3% | percent | 4,372 | 55.43 | ||
| 30 Year Treasury | Up | 2 | Basis Points | 2.98 | Annual Yield | ||
| European stock markets rallied and the euro dropped today after reports said the European Central Bank may start buying corporate bonds on the open market in a European version of quantitative easing. Reuters said the ECB could decide on the purchases as soon as in December, with the bond buying beginning as early as next year. | |||||||
| Bloomberg reports A man paralyzed from the chest down in a knife attack is walking again after surgery, marking a breakthrough in the search for treatments for severe spinal injuries. Darek Fidyka, age 38, didn’t recover from being stabbed in the back in 2010, according to University College London, whose doctors developed the procedure. They took cells from the nose and placed them in hisspinal cord. That gives hope to the thousands of people each year who suffer a severe spinal cord injury and must live the rest of their lives with permanent paralysis. The injuries typically occur during sports or automobile crashes and there is no approved treatment for repairing them. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/euro-slides-after-report-the-ecb-mulls-corporate-bond-buys-2014-10-21 | |||||||
| http://www.bloomberg.com/news/2014-10-21/paralyzed-man-walks-again-after-nose-cells-are-placed-in-spine.html | |||||||
| For today’s Morning Market Report click to listen-> | |||||||