| The KUIK Market Update for Monday, November 2: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 85 | points | 17,749 | 8:06 AM | ||
| S&P500 | Up | 0.7% | percent | 2,094 | 15.03 | ||
| Nasdaq Composite | Up | 0.9% | percent | 5,100 | 46.02 | ||
| 30 Year Treasury | Up | 3 | Basis Points | 2.96 | Annual Yield | ||
| Health officials expect the number of people sickened by an E. coli outbreak linked to Chipotle restaurants in Washington state and Oregon to grow while they investigate the cause of the infection. As of Friday, three people in the Portland area and 19 people in western Washington had become sick from E. coli. Eight of them have been hospitalized. Seventeen of them had eaten at a Chipotle restaurant during the past few weeks. Chipotle is cooperating and voluntarily shut down all its 43 restaurants in the two states while authorities investigate the source of the infection. Chipolote shares are off 2.4%. | |||||||
| The Institute for Supply Management said its index of manufacturing conditions in the US fell to 50.1% in October, just slightly in the expansion zone. It was the lowest reading in almost two and a half years and employment levels fell to the lowest level in six years. | |||||||
| Construction spending climbed a seasonally adjusted 0.6% in September to take year-on-year gains to 14.1%, according to the Commerce Department. Residential construction jumped 1.8%, while nonresidential spending fell 0.1%. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.nbcnews.com/health/health-news/chipotle-linked-e-coli-outbreak-jump-cases-expected-n455556 | |||||||
| http://www.marketwatch.com/story/us-manufacturers-still-struggling-ism-finds-2015-11-02?dist=lcountdown | |||||||
| http://www.marketwatch.com/story/construction-spending-climbs-06-in-september-2015-11-02 | |||||||
| For today’s Market Update Report click to listen-> | |||||||