| The KUIK Morning Market Report for Friday, February 13: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 43 | points | 18,015 | 7:01 AM | ||
| S&P500 | Up | 0.2% | percent | 2,093 | 4.58 | ||
| Nasdaq Composite | Up | 0.3% | percent | 4,871 | 13.88 | ||
| 30 Year Treasury | Up | 3 | Basis Points | 2.60 | Annual Yield | ||
| The Labor Department reports the prices paid for imported goods fell sharply in January mainly because of cheaper oil. That’s keeping inflation low. The import price index dropped a seasonally adjusted 2.8% last month, smaller than the 3.5% drop expected by economist. Excluding fuel, import prices fell by 0.7%. The drop in import prices in December was revised to a 1.9% drop up from 2.5%. The price of U.S.-made goods exported to other nations decreased by 2% in January. For the past year import prices havefallen 8%, but are down 0.9% when fuel is excluded. | |||||||
| Visa and MasterCard are ramping up the cybersecurity on online transactions, on growing concerns over credit-card fraud. The efforts are a response to a bunch of recent high-profile data breaches, including Target, Home Depot, and health insurer Anthem. MasterCard will spend more than $20 million on a pilot program that will use a combination of biometrics, such as facial and voice recognition and fingerprint matching, to authenticate transactions. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-import-prices-sink-28-in-january-on-lower-oil-costs-2015-02-13 | |||||||
| http://www.marketwatch.com/story/visa-mastercard-to-roll-out-new-cybersecurity-features-2015-02-13 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||