| The KUIK Morning Market Report for Thursday, September 10: | |||||||
| Markets are flat. | |||||||
| \ | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 2 | points | 16,256 | 6:58 AM | ||
| S&P500 | Up | 0.0% | percent | 1,942 | 0.32 | ||
| Nasdaq Composite | Up | 0.2% | percent | 4,764 | 7.79 | ||
| 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. Economists expected a seasonally adjusted 275,000 in the week ended September 5. Continuing claims increased by 1000 to 2.26 million in the week ended August 29. | |||||||
| The Justice Department is increasing its efforts to charge individuals in corporate investigations,to address long-running criticism, particularly from Democrats, that they treat executive wrongdoing lightly. Yesterday, Justice Department officials issued a memo to prosecutors outlining best practices and recommending that they only consider a company to have cooperated in an investigation if that company turns over information about the actions of individuals at the firm. Deputy Attorney General Sally Yates plans to give a speech today in New York detailing the new effort and the reasoning behind it. | |||||||
| 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://www.marketwatch.com/story/justice-department-sharpening-focus-on-white-collar-cases-2015-09-10 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||