| The KUIK Morning Market Report for Tuesday, February 17: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (35) | points | 17,985 | 7:04 AM | ||
| S&P500 | Down | -0.2% | percent | 2,092 | (4.62) | ||
| Nasdaq Composite | Down | -0.1% | percent | 4,887 | (6.56) | ||
| 30 Year Treasury | Up | 4 | Basis Points | 2.67 | Annual Yield | ||
| In London, the FTSE 100 lost 0.3% to 6,839, moving toward a second straight loss and the Stoxx Europe 600 fell 0.6% to 375. Yesterday, talks among european finance ministers broke down abruptly after Greece’s new leftist government rejected an extension to its $272 billion bailout program. A new meeting might be scheduled for Friday. | |||||||
| In an unusual move, China’s national weather service is blaming the inaccuracy of its forecasts on Russia. And claims it might be due to the recent fall in the Russian ruble. China’s National Meteorological Center wrote on its official Weibo blog last week. It explained that it relies on Russian meteorologists for data for its own forecasts, as weather from China’s northern neighbor has a big impact on what happens in China. The resulting outcry on Chinese social media ranged from accusing the center of dreaming up excuses to questioning whether the Weibo post was a joke. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/uk-stocks-fall-as-uncertainty-over-greece-persists-2015-02-17 | |||||||
| http://www.marketwatch.com/story/chinas-weather-service-blames-russian-ruble-for-inaccuracy-2015-02-16 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||