| The KUIK Morning Market Report for Tuesday, November 10: | |||||||
| Markets are flat. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (24) | points | 17,706 | 7:07 AM | ||
| S&P500 | Down | -0.1% | percent | 2,076 | (2.31) | ||
| Nasdaq Composite | Down | -0.6% | percent | 5,066 | (28.94) | ||
| 30 Year Treasury | Up | 1 | Basis Points | 3.12 | Annual Yield | ||
| The Labor Department reports prices the U.S. paid for imported goods fell by 0.5% in October for the fourth drop in a row. Excluding fuel, import prices fell by 0.3%. The price of U.S.-made goods exported to other nations fell 0.2%. In the past 12 months import prices have dropped 10.5%, because of lower oil costs and a stronger dollar that makes foreign goods less expensive. Import prices are down 3.2% excluding fuel. | |||||||
| Chipotle Mexican Grill will reopen all 43 restaurants the chain voluntarily closed in Seattle and Portland as a result of an E. coli incident that sickened 40 customers. The E. coli was limited to 11 locations. Health officials said there is no ongoing risk and the company has taken steps to ensure food safety, including deep cleaning and sanitizing in restaurants nationwide and replacing all ingredients in the closed restaurants. | |||||||
| In its World Energy Outlook, the International Energy Agency said OPEC’s push for market share could keep the price of Brent crude at around $50 a barrel through the end of the decade. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-import-prices-decline-05-in-october-4th-drop-in-row-2015-11-10 | |||||||
| http://www.cnbc.com/2015/11/10/chipotle-reopens-locations-closed-due-to-e-coli-outbreak.html | |||||||
| http://www.marketwatch.com/story/crude-rises-but-analyst-struggle-to-see-positive-catalysts-2015-11-10 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||