The KUIK Closing Market Report for Monday, October 2:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
153
points
22,558
1:48 PM
S&P500
Up
0.4%
percent
2,529
9.76
Nasdaq Composite
Up
0.3%
percent
6,517
20.76
30 Year Treasury
Up
1
basis points
2.87
Annual Yield
The Institute for Supply Management said its manufacturing index jumped to 60.8 in September from 58.8%, hitting the highest level since 2004. Economists expected 58.1%. The new orders rose and employment has the strongest reading since 2011. Readings above 50% indicate expansion. Seventeen of the 18 industries surveyed reported growth.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
