| The KUIK Market Update for Monday, January 5: | |||||||
| Markets are having a hard day. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (231) | points | 17,602 | 8:03 AM | ||
| S&P500 | Down | -1.3% | percent | 2,031 | (27.46) | ||
| Nasdaq Composite | Down | -0.9% | percent | 4,682 | (44.32) | ||
| 30 Year Treasury | Down | (8) | Basis Points | 2.62 | Annual Yield | ||
| European stocks fluctuated today, pushed up optimism from the chance of more stimulus from the European Central Bank, but depressed about political uncertainty in Greece. The Stoxx Europe 600 index fell 1.2% 337.2. Here in the US, long-term Treasury yields fell, with the 10-year yield hitting its lowest level since mid-December and the 30-year yield hitting its lowest level in two years, as nervous European investors shifted out of stocks and into Treasurys on concerns that a ‘Grexit’, or Greek exit, from the eurozone appeared likely. | |||||||
| Intel announced the fifth generation of its flagship Core microprocessor family at the Consumer Electronics Show today. The new chipset is called Broadwell and targets laptops, desktops and what Intel calls 2-in-2s products that can work as both laptops and tablets. | |||||||
| Oil futures fell to new5 1/2 year lows. February crude fell 3.6% to $50.80 a barrel on the New York Merc. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/european-stocks-give-up-early-gains-2015-01-05-51033821 | |||||||
| http://www.marketwatch.com/story/intel-unveils-new-flagship-broadwell-chips-for-pcs-2015-01-05-101031427 | |||||||
| http://www.marketwatch.com/story/oil-futures-down-after-hitting-fresh-multiyear-lows-2015-01-04 | |||||||
| For today’s Market Update Report click to listen-> | |||||||