| The KUIK Morning Market Report for Friday, April 12: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (22) | points | 14,844 | 7:00 AM | ||
| S&P500 | Down | -0.42% | percent | 1,587 | (6.74) | points | |
| Nasdaq Composite | Down | -0.31% | percent | 3,290 | (10.38) | points | |
| 30 Year Treasury | Down | (5) | Basis Points | 2.95 | Annual Yield | ||
| Americans spent less at gasoline stations and other stores in March as retail sales posted the biggest decline in nine months. The Commerce Department reported that retail sales fell 0.4% last month after a revised 1.0% gain for February. Sales for January were also revised to show a 0.1% drop instead of a 0.2% | |||||||
| The Bureau of Labor Statistics says producer prices fell 0.6% in March as energy costs retreated after a sharp gain in February. Energy prices fell 3.4% in March after a 3% gain in February. This offset a 0.8% rise in food prices. | |||||||
| Oil and gold fell on that Retail sales report. May Gold extended fell nearly 2%, to $1,535 an ounce. May Oil fell 1.6% to $92 a barrel on the New York Merc. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/retail-sales-post-biggest-drop-in-9-months-2013-04-12 | |||||||
| http://www.marketwatch.com/story/us-wholesale-prices-retreat-in-march-2013-04-12 | |||||||
| http://www.marketwatch.com/story/gold-oil-prices-extend-losses-after-sales-data-2013-04-12 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||