| The KUIK Market Update for Wednesday, December 3: | |||||||
| Markets are mixed. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (0.48) | points | 17,879 | 7:11 AM | ||
| S&P500 | Up | 0.2% | percent | 2,070 | 3.14 | ||
| Nasdaq Composite | Down | -0.1% | percent | 4,749 | (6.76) | ||
| 30 Year Treasury | Up | 0 | Basis Points | 3.01 | Annual Yield | ||
| ADP reports that private-sector employers added a seasonally adjusted 208,000 jobs in November, the fewest since August. Economists expected 223,000. But it was the third month in a row with job gains of at least 200,000. | |||||||
| Congress looks set to avert a clash over tax policy with a temporary patch to reinstate many breaks that expired earlier this year. A Republican House bill set for a vote today includes more than 50 provisions. Lawmakers from both parties had pushed for a longer-term deal, but that drive collapsed last week. Among the biggest items in the House bill are a tax credit for business-related research and a provision that allows companies faster write off for new equipment. | |||||||
| The Chronicle of Philanthropy released a study of how charitable people are by state. Utah was number one, where people on average donate 6.56% of their incomes charity and New Hampshire was number 50 donating only 1.74%. Oregon is 29 at 2.77% and Washington is 33 at 2.70%. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/private-sector-hiring-slowest-in-three-months-adp-says-2014-12-03 | |||||||
| http://www.marketwatch.com/story/congress-poised-to-reinstate-some-tax-breaks-2014-12-03 | |||||||
| http://www.marketwatch.com/story/and-the-least-charitable-state-in-america-is-2014-12-02 | |||||||
| For today’s Market Update Report click to listen-> | |||||||