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The KUIK Morning Market Report for Friday, March 9: |
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Markets are up. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
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Dow Jones Industrial Average |
Up |
168 |
points |
25,063 |
7:10 AM |
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S&P500 |
Up |
0.7% |
percent |
2,757 |
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Nasdaq Composite |
Up |
0.7% |
percent |
7,481 |
3.00 |
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30 Year Treasury |
Up |
3 |
Basis Points |
3.17 |
Annual Yield |
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Yesterday the White house announced that President Trump has accepted an invitation to meet North Korean leader Kim Jong Un. That meeting could take place in May, but the “time and place” of the meeting has yet to be determined. The talks would be the first between a sitting US president and a North Korean leader. No peace treaty has been signed, between North and South Korea, so technically they Korean War has been going since 1950. |
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The Labor Department reports the U.S. added 313,000 new jobs in February, for the biggest gain in a year and a half. That blew past the 222,000 jobs expected by economists. Gains for January and December were revised upward. Despite the big increase in hiring, wage growth did not keep up. Hourly pay rose 4 cents to $26.75 an hour, but the yearly increase in wages fell to 2.6% from a revised 2.8% in January. The unemployment rate was unchanged at a 17-year low of 4.1% |
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Serving the West Side first, I am Bill Roller of brcapitalinc.com for 1360 KUIK. |
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For today’s Morning Market Report click to listen-> |
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