Morning Market Report 8/19/2015

The KUIK Morning Market Report for Wednesday, August 19:
Markets are down.
Index Direction Change Units Time Change
Dow Down                    (158)  points           17,354 7:07 AM
S&P500 Down -0.6% percent            2,084           (12.49)
Nasdaq Composite Down -0.5% percent            5,033           (26.43)
30 Year Treasury Up                         2 Basis Points              2.88 Annual Yield
Intel is going Hollywood.  Yesterday at the Intel Developer Forum it announced America’s Greatest Makers is coming to television in 2016. Intel, United Arists and Turner Broadcasting are creating a reality television program in hopes of developing the must-have wearable or connected-home product that will solidify the Internet of Things. Since CEO Brian Krzanich took over in 2013, he has focused on hobbyists known as makers who build things themselves, as a way of getting development help for the next big thing. Intel is developing a tiny, button-size hardware module called Curie — named for physicist Marie Curie — to power wearable devices from smartwatches to rings. Intel will offer a $1 million prize for best product.
A quick drop in China shares flipped to gains early today with the The Shanghai Composite falling 5% earlier, ended up 1.2% at 3,794.11, and the smaller Shenzhen Composite gained 2.2% to 2,222.05.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/not-your-fathers-intel-chipmaker-goes-hollywood-2015-08-18
http://www.marketwatch.com/story/china-stocks-resume-slide-leading-asian-shares-lower-2015-08-19
For today’s Morning Market Report click to listen->