| The KUIK Morning Market Report for Thursday, April 18: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (44) | points | 14,574 | 6:59 AM | ||
| S&P500 | Down | -0.34% | percent | 1,547 | (5.30) | points | |
| Nasdaq Composite | Down | -0.48% | percent | 3,189 | (15.40) | points | |
| 30 Year Treasury | Down | (1) | Basis Points | 2.88 | Annual Yield | ||
| Initial jobless claims rose by 4,000 to a seasonally adjusted 352,000 in the week ended April 13, according to the Labor Department, slightly above expectations. | |||||||
| Washington’s ability to make a deal to reduce the U.S. debt is a major worry for investors, according to a survey from UBS Wealth Management. Most investors are concerned that lawmakers and the White House will keep making short-term deals instead of a “grand bargain.” The bank surveyed 2,611 investors with at least $250,000 in investable assets, from March 19 to 25. Of those, 73% said they were “highly concerned” about the political environment in Washington, and 60% were highly concerned about the size of the national debt. Only 27% were concerned about the impact of the sequester. | |||||||
| Twitter launched its music service, called Twitter #music. In a blog post, itsaid the feature will “detect and surface the most popular tracks and emerging artists” and bring “artists’ music-related Twitter activity front and center.” Twitter #music will use Apple’s iTunes, Spotify, and Rdio. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-weekly-jobless-claims-edge-higher-2013-04-18 | |||||||
| http://blogs.marketwatch.com/election/2013/04/18/washington-a-big-worry-in-new-investors-survey-from-ubs/ | |||||||
| http://www.marketwatch.com/story/twitter-launches-music-service-2013-04-18?dist=markets | |||||||
| For today’s Morning Market Report click to listen-> | |||||||