| The KUIK Morning Market Report for Tuesday, February 10: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 68 | points | 17,797 | 7:12 AM | ||
| S&P500 | Up | 0.4% | percent | 2,055 | 8.34 | ||
| Nasdaq Composite | Up | 0.5% | percent | 4,748 | 22.28 | ||
| 30 Year Treasury | Up | 4 | Basis Points | 2.56 | Annual Yield | ||
| The National Federation of Independent Business said its small-business optimism index fell 2.5 points to 97.9, with seven out of 10 components declining. “November and December readings were very strong, possibly from post-election euphoria,” said NFIB Chief Economist Bill Dunkelberg in a statement. “January’s decline was mostly due to owners being less optimistic about sales growth and business conditions, not spending and hiring plans.” | |||||||
| In a note Monday, analysts at Citigroup predict that West Texas Intermediate oil prices will fall to $20 a barrel. Crude oil already fell 46% last year. Year to date, crude is down less than 1%, after gaining nearly 9% in the past three sessions. But the analysts write the recent rally looks more like a “head-fake than a sustainable turning point.” This morning, March crude is off 2% to $51.81 a barrel. | |||||||
| IBM is linking Watson, its Jeopardy-winning supercomputer across the world to learn Japanese. The company has teamed up with SoftBank to develop enterprise apps that can understand and answer complex questions posed in natural language. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/small-business-sentiment-slips-in-january-nfib-says-2015-02-10 | |||||||
| http://www.marketwatch.com/story/oil-may-drop-by-more-than-30-a-barrel-from-current-levels-says-citi-2015-02-09?mod=MW_story_recommended_default | |||||||
| http://www.marketwatch.com/story/softbank-will-teach-ibms-watson-to-speak-japanese-2015-02-10 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||