| The KUIK Morning Market Report for Tuesday, January 15: | |||||||
| Markets are down on earnings worries. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (34) | points | 13,473 | 6:54 AM | ||
| S&P500 | Down | -0.4% | percent | 1,465 | (5.71) | points | |
| Nasdaq Composite | Down | -0.7% | percent | 3,095 | (22.23) | points | |
| 30 Year Treasury | Down | (4) | Basis Points | 3.00 | Annual Yield | ||
| The Commerce Department says retail sales rose more than projected in December as Americans wrapped up their holiday shopping. The 0.5 percent gain followed a revised 0.4 percent increase in November that was more than previously reported. Economists expected a 0.2 percent rise. Sales excluding automobiles and gasoline climbed 0.6 percent for a second month. | |||||||
| Inflation seems under control. Led by lower food prices, overall U.S. producer prices fell a seasonally adjusted 0.2% in December, marking another month of low inflationary pressure at the wholesale level according to the Labor Department. Core producer prices, which exclude the volatile categories of food and energy, rose 0.1% last month, led by cigarettes. | |||||||
| U.S. home prices edged up 0.3% in November to take the year-on-year gain to 7.4%, the biggest annual gain since May 2006, CoreLogic said today. The year-on-year rise is the ninth consecutive gain. Leaving out distressed sales, home prices are up 6.7% year-on-year. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2013-01-15/retail-sales-in-u-s-increased-more-than-forecast-in-december.html | |||||||
| http://www.marketwatch.com/story/us-producer-prices-decline-led-by-food-2013-01-15 | |||||||
| http://www.marketwatch.com/story/us-nov-home-prices-edge-up-03-corelogic-2013-01-15 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||