| The KUIK Market Update for Wednesday, November 4: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (33) | points | 17,884 | 8:04 AM | ||
| S&P500 | Down | -0.3% | percent | 2,104 | (5.61) | ||
| Nasdaq Composite | Down | -0.2% | percent | 5,134 | (11.59) | ||
| 30 Year Treasury | Down | (1) | Basis Points | 2.99 | Annual Yield | ||
| ADP reports private employers added 182,000 jobs in October and it revised September’s gain down to 190,000 from a prior estimate of 200,000. The Labor Department’s employment report will be released Friday and includes government and private sector jobs. Economists expect the government’s report to show that nonfarm payroll rose by a 177,000 jobs last month, up from 142,000 in September. | |||||||
| The Institute for Supply Management’s services index rose to a reading of 59.1% in October, up from September’s 56.9%, the highest level in three months, and above the 56.5% expected by economists. The components also were strong, with new orders at 62% and employment at 59.2%, readings above 50% indicate improving activity. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/private-sector-job-gains-slow-a-bit-to-182000-jobs-in-september-adp-2015-11-04 | |||||||
| http://www.marketwatch.com/story/ism-services-index-climbs-and-tops-forecast-in-october-2015-11-04?dist=lcountdown | |||||||
| For today’s Market Update Report click to listen-> | |||||||