| The KUIK Morning Market Report for Thursday, February 19: | |||||||
| Markets are mixed. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (83) | points | 17,946 | 6:53 AM | ||
| S&P500 | Down | -0.3% | percent | 2,093 | (6.65) | ||
| Nasdaq Composite | Up | 0.1% | percent | 4,910 | 3.26 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 2.71 | Annual Yield | ||
| The Labor Department reports new applications for unemployment benefits fell by 21,000 to 283,000 in the week ended February 14. Economists expected a seasonally adjusted 290,000. Continuing claims increased by 58,000 to a seasonally adjusted 2.43 million in the week ended February 7. | |||||||
| Germany rejected Greece’s request for a six-month loan-extension agreement. The Greek government yesterday submitted its loan proposal, but made clear it wouldn’t accept the strict austerity measures required under the current bailout program. In its rejection, Germany argued that the Greek request doesn’t meet the bailout requirements. The euro fell on the reportsand Greece’s Athex Composite index erased its earlier gain, falling 1.1% to 838.61. | |||||||
| Crude oil is down. The American Petroleum Institute reported U.S. crude-oil supplies as of the week ended February 13 saw a 14.3 million-barrel jump from last week. Analysts polled by Platts forecast an increase of just 3.1 million barrels for the week. March crude is off 4.75% to $49.50 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/us-jobless-claims-fall-21000-to-283000-2015-02-19 | |||||||
| http://www.marketwatch.com/story/germany-rejects-greeces-loan-extension-proposal-reports-2015-02-19-791282 | |||||||
| http://www.marketwatch.com/story/crude-oil-shocker-api-data-show-supply-surging-2015-02-18 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||