| The KUIK Morning Market Report for Tuesday, May 5: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (42) | points | 18,028 | 7:08 AM | ||
| S&P500 | Down | -0.4% | percent | 2,105 | (9.04) | ||
| Nasdaq Composite | Down | -0.8% | percent | 4,975 | (42.24) | ||
| 30 Year Treasury | Up | 2 | Basis Points | 2.89 | Annual Yield | ||
| The Stoxx Europe 600 index climbed 0.3% to 397.94, getting a boost from British shares. The U.K.’s FTSE 100 index added 0.4% to 7,010.94 after being closed for the Early May Bank Holiday on Monday. | |||||||
| Greece’s debt crisis is back in the spotlight, as the anti-austerity government continues bailout talks with its lenders. Athens is facing a 750-million-euro ($832 million) debt repayment to the International Monetary Fund next week, but there are fears it will run out of cash unless it reaches a deal with creditors to unlock the next round of bailout money. | |||||||
| The Commerce Department reports the US trade deficit rose 43% to $51.5 billion in March, most because of the end of the West Coast port strike allowed imported goods sitting on docks to be processed and shipped to U.S. buyers. Exports edged up 0.9% to $187.8 billion, but imports jumped a record 7.7% to $239.2 billion. The size of the gap, highest since 1996 was larger than expected. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/jitters-over-greece-cap-gains-in-european-stocks-2015-05-05 | |||||||
| http://www.marketwatch.com/story/jitters-over-greece-cap-gains-in-european-stocks-2015-05-05 | |||||||
| http://www.marketwatch.com/story/us-trade-deficit-leaps-43-in-march-to-highest-level-since-1996-2015-05-05 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||