| The KUIK Morning Market Report for Friday, April 24: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (16) | points | 18,042 | 6:56 AM | ||
| S&P500 | Up | 0.1% | percent | 2,115 | 2.38 | ||
| Nasdaq Composite | Up | 0.7% | percent | 5,090 | 33.70 | ||
| 30 Year Treasury | Down | (1) | Basis Points | 2.62 | Annual Yield | ||
| The Commerce Department reports orders for durable goods rose a seasonally adjusted 4% in March. The increase was driven almost entirely by higher demand for autos, commercial jets, and military hardware. Core orders excluding aircraft and military goods fell 0.5% and core capital goods dropped 0.4% in March for the seventh straight month, a sign that first-quarter gross domestic product may be weak. Economists expected a 0.9% gain in durble goods orders for March. | |||||||
| German business sentiment improved in April, indicating that the economic upswing in Europe’s biggest economy that began late last year is still gaining momentum. The Ifo business climate index rose to 108.6 in April from 107.9 in March, hitting its highest level since June 2014. Economists expected 108.4. | |||||||
| Comcast today announced it has dropped its plans to acquire Time Warner Cable, as increasing pressure from regulators prompted the end of the $45.2 billion deal. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/durable-goods-orders-jump-4-in-march-but-investment-falls-again-2015-04-24 | |||||||
| http://www.marketwatch.com/story/ifo-german-business-mood-at-highest-since-june-2015-04-24 | |||||||
| http://www.marketwatch.com/story/comcast-kills-45-billion-time-warner-cable-deal-2015-04-24 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||