| The KUIK Market Update for Tuesday, January 6: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (68) | points | 17,434 | 8:06 AM | ||
| S&P500 | Down | -0.4% | percent | 2,013 | (7.22) | ||
| Nasdaq Composite | Down | -0.6% | percent | 4,625 | (27.52) | ||
| 30 Year Treasury | Down | (5) | Basis Points | 2.56 | Annual Yield | ||
| Johnson & Johnson announced today it has begun testing its Ebola-virus vaccine in humans and will have more than 400,000 doses available in April. The company said it would produce 2 million treatment rounds of the vaccine this year, with the ability to scale up to 5 million if needed. | |||||||
| The Institute for Supply Management said its nonmanufacturing index fell to 56.2% in December, down from 59.3% in November. Readings over 50% mean that more businesses are expanding instead of contracting and the index is coming off a nine-year high. The new orders index fell while employment edged down. | |||||||
| Crude-oil fell below the $50 a barrel on worries over Greek debt, a global supply glut, and a strong dollar. February crude was off 2.1% to $48.97 a barrel on the New York Merc. It dropped as low as $48.47. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/johnson-johnson-begins-humans-testing-of-ebola-vaccine-2015-01-06 | |||||||
| http://www.marketwatch.com/story/us-service-companies-grow-a-bit-slower-in-december-ism-2015-01-06?link=MW_Nav_NV | |||||||
| http://www.marketwatch.com/story/crude-returns-below-50-as-prices-tick-down-2015-01-06 | |||||||
| For today’s Market Update Report click to listen-> | |||||||