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The KUIK Morning Market Report for Thursday, January 25: |
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Markets are mixed. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
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Dow Jones Industrial Average |
Up |
71 |
points |
26,323 |
7:04 AM |
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S&P500 |
Up |
0.0% |
percent |
2,838 |
0.84 |
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Nasdaq Composite |
Down |
0.0% |
percent |
7,414 |
(0.46) |
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30 Year Treasury |
Down |
(1) |
Basis Points |
2.93 |
Annual Yield |
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The Labor Department reports initial claims for unemployment benefits rose by 17,000 to 233,000 the week ended January 20. That was below the 240,000 expected by economists, but above the 216,000 the prior week, which was the lowest number since January 1973. Continuing claims fell by 28,000 to 1.94 million in the week ended Jan. 13. |
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The European Central Bank on Thursday left interest rates unchanged, as expected, and also left forward guidance unchanged, reaffirming that rates will remain at present levels for an extended period and well beyond the end of its asset-buying program scheduled for September. |
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Freddie Mac reports the 30-year fixed-rate mortgage averaged 4.15% this week, up from last week’s 4.04%. A year ago it averaged 4.19%. The 15-year fixed was 3.62% up from 3.49%. A year ago it was 3.40%. |
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For a free Social Security and Retirement Analysis go to brcapitalinc.com/kuik. Serving the West Side first, I am Bill Roller for 1360 KUIK. |
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www.marketwatch.com/story/us-jobless-claims-rise-one-week-after-dropping-to-45-year-low-2018-01-25 |
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www.marketwatch.com/story/ecb-live-how-will-draghi-handle-a-surging-euro-2018-01-25 |
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freddiemac.mwnewsroom.com/press-releases/mortgage-rates-jump-again-otcqb-fmcc-1327925 |
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[category Market Updates] [tags audio,KUIK] |
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For today’s Morning Market Report click to listen-> |
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