| The KUIK Morning Market Report for Wednesday, November 26: | |||||||
| Markets are mixed. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (6) | points | 17,808 | 6:56 AM | ||
| S&P500 | Up | 0.0% | percent | 2,068 | 0.88 | ||
| Nasdaq Composite | Up | 0.2% | percent | 4,767 | 8.48 | ||
| 30 Year Treasury | Down | (2) | Basis Points | 2.95 | Annual Yield | ||
| The Labor Department reports new claims for unemployment benefits jumped by 21,000 to 313,000 in the week ended November 22. That’s an 11-week high and above 300,000 for the first time since September. Economists expected a seasonally adjusted 288,000. Continuing claims fell by 17,000 to a seasonally adjusted 2.32 million, touching the lowest level since the December 2000. | |||||||
| The Commerce Department reports orders for durable goods rose a seasonally adjusted 0.4% in October, but that gain came mainly from a 45% spike in orders for military aircraft. Orders for commercial products and business investment were surprisingly weak. Orders minus transportation dropped 0.9% and bookings minus defense fell 0.6%. Core capital goods fell 1.3% for the second month in a row, a sign that companies might be cutting back toward the end of the year. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/jobless-claims-surge-to-11-week-high-2014-11-26 | |||||||
| http://www.marketwatch.com/story/durable-goods-orders-rise-04-in-october-boosted-by-military-aircraft-2014-11-26 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||