Morning Market Report 4/2/2015 | Beacon Rock Wealth Advisors

The KUIK Morning Market Report for Thursday, April 2:

Markets are up.

Index	Direction	Change	Units		Time	Change
Dow	Up	104	points	17,802	7:04 AM
S&P500	Up	0.6%	percent	2,072		12.12
Nasdaq Composite	Up	0.4%	percent	4,900		20.12
30 Year Treasury	Up	3	Basis Points	2.50	Annual Yield

The Commerce Department reports that new claims for unemployment benefits fell by 20,000 to a seasonally adjusted 268,000 in the week ended March 28. That was the second lowest amount since the recession ended and hit levels last seen in 2000. Continuing claims decreased by 88,000 to a seasonally adjusted 2.33 million in the week ended March 21, marking the lowest level since December 2000.

The U.S. trade deficit fell 17% in February to the lowest level since 2009 largely because of cheaper oil, but exports also fell to a two-and-a-half year bottom in a sign that a stronger dollar and a weak global economy are hurting American companies. The U.S. trade deficit declined by $7.2 billion to $35.4 billion in February from a revised $42.7 billion in January, according to the Commerce Department. That was lower than Wall Street expected. Exports dropped 1.6% to $186.2 billion — the smallest amount since October 2012. The U.S. exported less oil as well as fewer aircraft and computer chips.





Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.

http://www.marketwatch.com/story/jobless-claim-sink-to-268000-near-lowest-levels-since-2000-2015-04-02
http://www.marketwatch.com/story/us-trade-deficit-shrinks-to-lowest-level-since-2009-2015-04-02



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