| The KUIK Morning Market Report for Monday, October 26: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (26) | points | 17,623 | 7:10 AM | ||
| S&P500 | Down | -0.3% | percent | 2,070 | (5.41) | ||
| Nasdaq Composite | Down | -0.2% | percent | 5,021 | (10.73) | ||
| 30 Year Treasury | Down | (3) | Basis Points | 2.87 | Annual Yield | ||
| European stocks ended lower today, easing from the two-month high last week after China cut interest rates for the sixth time this year and the European Central Bank signaled more stimulus. The Stoxx Europe 600 fell 0.2% to 376.55, with only the telecomm group gaining ground. | |||||||
| FedEx said today that it expects shipments during the holiday period between Black Friday–the day after Thanksgiving, and Christmas Eve to rise 12.4% above a year ago to 317 million shipments. The company will add 55,000 employees for the holidays. | |||||||
| Treasury yields fell today as investors wait for the Federal Reserve’s two-day meeting tomorrow and Wednesday on monetary policy and economic data expected later this week. Investors have largely ruled out the possibility that the Fed will raise interest rates this week, with the Fed-funds futures market pricing in a 7% probability of an increase, according to the CME Group’s FedWatch Tool. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/european-stocks-giving-back-gains-after-reaching-two-month-high-2015-10-26 | |||||||
| http://www.marketwatch.com/story/fedex-expects-holiday-shipments-to-increase-124-2015-10-26 | |||||||
| http://www.marketwatch.com/story/treasury-yields-fall-ahead-of-fed-meeting-2015-10-26 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||