| The KUIK Market Update for Tuesday, November 3: | |||||||
| Markets are mixed. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 60 | points | 17,889 | 8:00 AM | ||
| S&P500 | Down | 0.0% | percent | 2,104 | (0.20) | ||
| Nasdaq Composite | Down | -0.1% | percent | 5,123 | (4.34) | ||
| 30 Year Treasury | Up | 1 | Basis Points | 2.97 | Annual Yield | ||
| Orders for goods produced in U.S. factories fell 1.0% in September for the second drop in a row , according to the Commerce Department. That was weaker than Wall Street expected. Orders for durable goods, products meant to last at least three years fell 1.2%. Orders for nondurable goods slipped 0.8%. In August, orders fell by a revised 2.1%. | |||||||
| Car sales are on track to reach their highest October sales volume since 2001. General Motors said the seasonally adjusted annual selling rate for light vehicles was an estimated 18.2 million units in October. GM led the Big Three, posting a 15.9% jump to 262,993 vehicles, Fiat-Chrysler up 14.7%, and Ford up 13.4%. | |||||||
| The treasury expects to borrow $344 billion in the October-December quarter, $74 billion more than was projected in August. That assumes an end-of-December cash balance of $325 billion. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-factory-orders-fall-in-september-for-second-straight-month-2015-11-03 | |||||||
| http://www.marketwatch.com/story/us-auto-sales-jump-by-double-digits-in-october-2015-11-03 | |||||||
| http://www.marketwatch.com/story/treasury-raises-quarterly-borrowing-estimate-to-344-billion-2015-11-02 | |||||||
| For today’s Market Update Report click to listen-> | |||||||