The KUIK Closing Market Report for Wednesday, October 14: |
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Markets were down. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Down |
(157) |
points |
16,925 |
2:54 PM |
|
|
S&P500 |
Down |
-0.5% |
percent |
1,994 |
|
(9.45) |
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Nasdaq Composite |
Down |
-0.3% |
percent |
4,783 |
|
(13.76) |
|
30 Year Treasury |
Down |
(6) |
Basis Points |
2.84 |
Annual Yield |
|
|
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U.S. wholesale prices fell a seasonally adjusted 0.5% in September, largely because of the biggest drop in gasoline since January. Economists expected only a 0.2% decrease. Excluding the volatile categories of food, energy and trade, core prices dipped 0.3%, accoring to the Labor Department. The price of goods sank 1.2% while services declined 0.4%. Over the past year overall producer prices have fallen an unadjusted 1.1%, and the year-over-year increase has been negative for eight straight months. |
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Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/us-producer-prices-fall-05-in-september-on-cheaper-gas-2015-10-14 |
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For today’s Closing Market Report click to listen-> |
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