| The KUIK Morning Market Report for Wednesday, January 16: | |||||||
| Markets opened mixed this morning. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (42) | points | 13,494 | 7:04 AM | ||
| S&P500 | Down | -0.2% | percent | 1,470 | (2.35) | points | |
| Nasdaq Composite | Up | 0.0% | percent | 3,112 | 1.47 | points | |
| 30 Year Treasury | Down | (2) | Basis Points | 3.00 | Annual Yield | ||
| The Labor Department reports consumer prices for U.S. goods and services were flat in December, held in check by the fallilng cost of gasoline which met expectations. | |||||||
| Citing heightened risks to the 787 Dreamliner after an emergency landing of the plane by All Nippon Airways, analysts at Goldman Sachs today said they’re removing Boeing from their conviction buy list and cutting their price target on the aerospace firm to $90 a share from $98 a share. Boeing is down $2.51 to $74.43. | |||||||
| U.S. equities followed global stocks lower as the World Bank cut its global growth forecast for this year as austerity measures, high unemployment and low business confidence weigh on economies in developed nations. German Chancellor Angela Merkel’s government cut its growth forecast for Europe’s biggest economy as austerity policies in cash-strapped euro-region countries and cooling world trade damp exports. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-consumer-prices-remain-muted-2013-01-16 | |||||||
| http://www.marketwatch.com/story/boeing-draws-goldman-rating-cut-on-787-woes-2013-01-16 | |||||||
| http://www.bloomberg.com/news/2013-01-16/u-s-stock-futures-fall-before-jpmorgan-goldman-earnings.html | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||