| The KUIK Morning Market Report for Wednesday, May 27: | |||||||
| Markets are up after yesterday’s big selloff. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 103 | points | 18,145 | 7:07 AM | ||
| S&P500 | Up | 0.5% | percent | 2,114 | 9.58 | ||
| Nasdaq Composite | Up | 0.6% | percent | 5,064 | 30.86 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 2.90 | Annual Yield | ||
| Democrats hope for Ted Cruz, but fear Jeb Bush. The Hill surveyed Democratic lawmakers, former members and strategists, and found they are rooting for Cruz to win the Republican presidential nomination. But Jeb Bush is the 2016 candidate Democrats fear the most. Democrats think that Cruz Republican Senator from Texas, would alienate independent voters, propel liberals to the polls, and give their party the best shot at picking up congressional seats in the 2016 election. They think Bush would be a tougher opponent since he is a former governor from a political dynasty who can raise hundreds of millions of dollars and appeal more strongly to women and independent voters. | |||||||
| The Stoxx Europe 600 rose 0.3% to 404.78, with all sectors up. It fell 0.7% yesterday as investors assessed developments in Greece’s debt crisis, and as the U.S. dollar rebounded on interest rate-hike speculation, hurting commodity stocks. There are mixed economic readings in Europe today. French consumer confidence slipped in May, while German consumer sentiment is set to increase in June, according to GfK market research group. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/democrats-root-for-ted-cruz-to-win-republican-nomination-2015-05-27 | |||||||
| http://www.marketwatch.com/story/european-stocks-gain-ground-with-iag-shares-cruising-higher-2015-05-27 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||