The KUIK Morning Market Report for Tuesday, April 21: |
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Markets are up. |
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Index |
Direction |
Change |
Units |
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Time |
Change |
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Dow |
Up |
2 |
points |
18,036 |
6:58 AM |
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S&P500 |
Up |
0.2% |
percent |
2,104 |
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3.24 |
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Nasdaq Composite |
Up |
0.5% |
percent |
5,018 |
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23.70 |
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30 Year Treasury |
Down |
(1) |
Basis Points |
2.56 |
Annual Yield |
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Greece’s Athex Composite Index fell 3.3% on fears the country is running out of cash. The European Central Bank is ooking at measures to rein in support for Greek banks under its emergency liquidity assistance, according to Bloomberg. Yesterday, Athens ordered state-owned companies and other public entities to transfer their cash reserves to the Greek central bank. Greece must come up with economic reforms by May 11 that acceptable to its lenders to unlock the next round bailout funds. |
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Amazon is getting into the travel business. Select hotels in the Northeast, southern California and the Pacific Northwest offer rooms through Amazon Destinations. About 150 properties are listing rooms on the site, primarily independent hotels but also some of the large brands that are looking for an additional outlet. Amazon has been experimenting with hotel rooms since 2012. |
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Gold futures are slightly highter after yesterday’s drop on safe haven-related buying on tensions in the Middle East and worries over Greece. June gold on the Comex rose 0.4%, to $1,198.60 an ounce, while May silver rose 0.5%, to $15.97 an ounce. |
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Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/ecb-looking-at-reining-in-support-for-greek-banks-reports-2015-04-21 |
http://www.marketwatch.com/story/amazons-new-travel-service-enters-lucrative-online-travel-market-2015-04-21?link=MW_latest_news |
http://stream.marketwatch.com/story/markets/SS-4-4/SS-4-81187/ |
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For today’s Morning Market Report click to listen-> |
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