| The KUIK Morning Market Report for Tuesday, September 8: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 294 | points | 16,396 | 7:05 AM | ||
| S&P500 | Up | 1.7% | percent | 1,953 | 32.02 | ||
| Nasdaq Composite | Up | 1.9% | percent | 4,774 | 90.18 | ||
| 30 Year Treasury | Up | 6 | Basis Points | 2.95 | Annual Yield | ||
| Growth is set to slow across a number of the world’s largest economies, including China, the U.S. and the U.K., according to leading indicators released by the Organization for Economic Cooperation and Development. The Paris-based research body said its gauges of future economic activity-based on information available through July–also point to slowdowns in Canada, Russia and Brazil. But its indicators point to a pickup in Europe, especially France. | |||||||
| China today announced plans tfor a “circuit breaker” for its stock exchanges, aimed at preventing panic selloffs during high volatility. The Shanghai and Shenzhen stock exchanges’ circuit-breaker system will be tied to the CSI 300 Index, which tracks stocks on both markets. Trading will be suspended when the index swings up or down 5%, while a rise or fall of 7% will lead to suspension of trading for the day. | |||||||
| The Nikkei finished down 2.4% at 17427.08, its lowest level since February. It is now off 0.1% year-to-date. The Shanghai Composite Index ended up up 2.9%. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/oecd-data-point-to-slower-growth-in-us-china-2015-09-08 | |||||||
| http://www.marketwatch.com/story/china-to-install-circuit-breaker-to-prevent-stock-selloffs-2015-09-08 | |||||||
| http://www.marketwatch.com/story/china-stocks-volatile-after-export-data-nikkei-erases-2015-gains-2015-09-08 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||