| The KUIK Morning Market Report for Monday, September 14: | |||||||
| Markets are down. | |||||||
| \ | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (76) | points | 16,359 | 7:04 AM | ||
| S&P500 | Down | -0.4% | percent | 1,954 | (7.01) | ||
| Nasdaq Composite | Down | -0.3% | percent | 4,809 | (13.25) | ||
| 30 Year Treasury | Down | (2) | Basis Points | 2.92 | Annual Yield | ||
| The Stoxx Europe 600 fell 0.3% to 354.57, with only the technology sector moving higher. Nokia shares rose 2.3%, with gains coming after the Committee on Foreign Investment and the Justice Department cleared the company’s proposed takeover of telecom-equipment maker Alcatel-Lucent. | |||||||
| Wearable device shipments are expected to nearly triple this year to 76.1 million units, up from 28.9 million in 2014, according to a new report from IDC. By 2019, IDC expects worldwide shipments of both basic and smart wearables, such as Fitbit and Apple’s watch, to reach 173.4 million units, representing a five-year compound annual growth rate of nearly 23%. The acceleration is expected to come from an influx of smart wearable devices that are capable of running third-party apps. Currently, Apple Watch has the largest market share among the smart wearable devices at 58.3%. Google’s Android Wear has 17.4%, while Pebble OS rounds out the top three at 8.7%. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-regulator-clears-nokias-plan-to-buy-alcatel-lucent-2015-09-14 | |||||||
| http://www.marketwatch.com/story/apple-to-lead-nearly-tripling-of-wearable-device-shipments-in-2015-idc-2015-09-14 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||