| The KUIK Morning Market Report for Wednesday, April 15: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 96 | points | 18,132 | 6:58 AM | ||
| S&P500 | Up | 0.5% | percent | 2,107 | 11.22 | ||
| Nasdaq Composite | Up | 0.4% | percent | 4,999 | 21.54 | ||
| 30 Year Treasury | Down | (1) | Basis Points | 2.54 | Annual Yield | ||
| The New York Fed reports the Empire State manufacturing index moved lower in April, falling to negative 1.2. Economiss expected 7.0 after a 6.9 in March. This is the first negative reading, a sign of deteriorating conditions, since December. New orders fell further into negative territory in April, while the shipments improved. The employment index lost ground but stayed positive while the average workweek slipped into negative territory. The six-month outlook improved to 37.1 in April after falling to a two-year low of 26 in February. | |||||||
| European Union regulators formally accused Google of violating antitrust laws by abusing its dominance in online search, escalating a long-running case that had stalled for years despite three separate attempts at settlement. In a statement, EU regulators said they had reached the preliminary conclusion that since 2008 Google “systematically positions and prominently displays its comparison shopping service in its general search results pages, irrespective of its merits.” They opened a separate investigation into Google’s Android operating system for mobile phones. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/empire-state-index-drops-to-negative-12-in-april-lowest-since-december-2015-04-15 | |||||||
| http://www.marketwatch.com/story/google-hit-with-formal-eu-antitrust-charges-2015-04-15 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||