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The KUIK Morning Market Report for Monday, March 26: |
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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 |
470 |
points |
24,003 |
6:55 AM |
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S&P500 |
Up |
1.7% |
percent |
2,633 |
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Nasdaq Composite |
Up |
1.9% |
percent |
7,124 |
(1.50) |
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30 Year Treasury |
Down |
(1) |
Basis Points |
3.07 |
Annual Yield |
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Marketwatch reports today’s stock market rally comes on reports the U.S. and China have been holding discussions, in a bid to help stave off a trade war. Those talks, led by U.S. Treasury Secretary Steven Mnuchin and Liu He, China’s vice premier for economic policy, are aimed at providing better access to Chinese markets for U.S. companies. |
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FedEx announcedc today it has reserved 20 fully-electric Tesla Semi trucks, which are scheduled to begin production in 2019. Fedex’s goal is "improving road safety while also reducing environmental impact." When Tesla unveiled the Semi late in 2017, the company said prices started at $150,000 for a truck able to go 300 miles between charges, and required $20,000 for a reservation. UPS,said in December that it had reserved 125 of the new trucks. |
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Facebook shares are down -1.50%. The company continues damage control after the Cambridge Analytica data-privacy scandal. It took out full-page ads in nine U.S. and U.K. newspapers. The backlash has triggered a #DeleteFacebook movement. Facebook shares fell 14% last week. |
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Serving the West Side first, I am Bill Roller of brcapitalinc.com for 1360 KUIK. |
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www.marketwatch.com/story/fedex-reserves-20-tesla-semi-trucks-2018-03-26 |
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For today’s Morning Market Report click to listen-> |
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