| The KUIK Market Update for Monday, April 13: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 25 | points | 18,083 | 8:06 AM | ||
| S&P500 | Up | 0.1% | percent | 2,105 | 2.63 | ||
| Nasdaq Composite | Up | 0.5% | percent | 5,019 | 23.12 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 2.59 | Annual Yield | ||
| China’s exports and imports for March both fell sharply from a year earlier, . Exports dropped 15% from March 2014, widely missing expectations for a substantial jump, with The Wall Street Journal forecasting a 10% rise. Imports were also weak, falling 12.7%, against a projected drop of 12% in that same survey. The trade surplus totalled $3.1 billion for the month, off of February’s $60.6 billion. | |||||||
| The office of New York Attorney General Eric Schneiderman sent letters warning Target , Gap, and 11 others that it believes the chains are using on-call scheduling and that such practices may violate a New York law. On-call scheduling systems have made big retailers more nimble, allowing them to staff stores during busy times and save on payroll during slow days. The software used by many retailers forecasts staffing needs based on real-time sales and traffic information. Some employers require on-call workers to check in by phone, email or text shortly before their shift. If the store is expected to be busy, they must come in; if things are slow, they are told not to report for work and aren’t paid. These systems have been criticized by worker advocates, who say on-call scheduling makes workers’ lives and pay unpredictable. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/china-march-exports-far-worse-than-expected-2015-04-12 | |||||||
| http://www.marketwatch.com/story/retailers-come-under-fire-for-work-schedules-2015-04-13?dist=lcountdown | |||||||
| For today’s Market Update Report click to listen-> | |||||||