| The KUIK Market Update for Thursday, September 10: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 73 | points | 16,327 | 8:13 AM | ||
| S&P500 | Up | 0.4% | percent | 1,950 | 7.54 | ||
| Nasdaq Composite | Up | 0.7% | percent | 4,789 | 32.79 | ||
| 30 Year Treasury | Up | 4 | Basis Points | 2.98 | Annual Yield | ||
| New applications for unemployment benefits in the first week of September fell by 6,000 to 275,000, according to the Labor Department. That met expectations. Continuing claims increased by 1000 to 2.26 million in the week ended August 29. | |||||||
| Freddie Mac reports the 30-year fixed-rate mortgage averaged 3.90% for the week ending today, up slightly from last week’s 3.89%. A year ago it was 4.12%. The 15-year fixed averaged 3.10% up from last week’s 3.09%. A year ago it was 3.26%. | |||||||
| The Labor department reports the prices the U.S. paid for imported goods fell by 1.8% in August, the biggest decline since the start of the year. Oil prices fell again and the strong dollar made foreign products cheaper . Excluding fuel, U.S. import prices declined by a 0.4%. The price of U.S.-made goods exported to other nationsfell 1.4%. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-jobless-claims-drop-6000-to-275000-layoffs-low-2015-09-10 | |||||||
| http://freddiemac.mwnewsroom.com/press-releases/fixed-mortgage-rates-largely-unchanged-otcqb-fmcc-1216705 | |||||||
| http://www.marketwatch.com/story/us-import-prices-sink-18-in-august-down-114-in-past-year-2015-09-10?dist=lcountdown | |||||||
| For today’s Market Update Report click to listen-> | |||||||