The KUIK Morning Market Report for Tuesday, November 1:
Markets are mixed.
Index
Direction
Change
Units
Time
Dow
Down
(1)
points
18,141
7:06 AM
S&P500
Down
-0.1%
percent
2,125
Nasdaq Composite
Down
0.0%
percent
5,188
30 Year Treasury
Up
4
Basis Points
2.63
Annual Yield
Halloween was more expensive. Americans are expected to spend $650 million this year on pumpkins that they do not intend to eat, according to finance site finder.com. The site took the average price of a pumpkin in September 2016, which was $4.35, and multiplied it by the percentage of people who said they planned on carving a pumpkin. That’s 46% of Americans, according to the National Retail Federation. Halloween is getting more expensive every year. Shoppers spent nearly $83 on Halloween between treats, costumes and activities, up from $74 last year. Altogether, total spending is expected to hit $8.4 billion, a big leap from 2015’s $6.9 billion. Pumpkin-flavored product sales are projected to reach $424.5 million this year,
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
