| The KUIK Morning Market Report for Thursday, August 13: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (37) | points | 17,366 | 7:00 AM | ||
| S&P500 | Down | -0.2% | percent | 2,081 | (4.73) | ||
| Nasdaq Composite | Down | -0.1% | percent | 5,037 | (7.16) | ||
| 30 Year Treasury | Up | 1 | Basis Points | 2.83 | Annual Yield | ||
| The Labor Department reports new applications for unemployment benefits rose by 5,000 to 274,000 in week that ended August 8. Economists expectet them hold steady at 270,000. Continuing jobless claims increased by 15,000 to 2.27 million in the week ended August 1. | |||||||
| The Commerce Department reports retail sales rose seasonally adjusted 0.6% in July, or by 0.4% leaving out the auto sector. That was slightly below estimates. Economists expected a 0.7% rise overall and 0.6% excluding autos but May and June were revised upward. | |||||||
| The prices the U.S. paid for imported goods fell 0.9% in July, the biggest drop in six month and led by lower fuel prices. Excluding fuel, they fell 0.3%, according to the Labor Department. The price of U.S.-made goods exported to other nations fell 0.2% in July. In the past year import prices have dropped 10.4% and are down 2.6% excluding oil. Lower import prices have helped keep a tight lid on U.S. inflation, but that also reflects a tepid global economy. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-jobless-claims-rise-5000-to-274000-2015-08-13-8913026 | |||||||
| http://www.marketwatch.com/story/retail-sales-rise-in-july-points-to-solid-consumer-spending-2015-08-13 | |||||||
| http://www.marketwatch.com/story/us-import-prices-fall-by-most-in-six-months-2015-08-13 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||