| The KUIK Morning Market Report for Tuesday, April 30: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (58) | points | 14,761 | 7:00 AM | ||
| S&P500 | Down | -0.33% | percent | 1,588 | (5.31) | points | |
| Nasdaq Composite | Down | -0.18% | percent | 3,301 | (5.89) | points | |
| 30 Year Treasury | Down | (1) | Basis Points | 2.86 | Annual Yield | ||
| Marketwatch reports the Chicago Purchasing Managers Index slumped to a three-and-a-half year low of 49.0 in April, down from 52.4 in March. Indicating the economy is contracting. Economists polled by MarketWatch had expected 52.5. Order backlogs were particularly weak, falling to 40.6 from 45.0. | |||||||
| The S&P/Case-Shiller 20-city composite index of home prices rose 0.3% in February, before seasonal adjustment, and was up 9.3% from 2012, the largest annual growth since May 2006. | |||||||
| Public sentiment on the U.S. fiscal situation was “strongly negative” in April, according to the Peter G. Peterson Foundation’s Fiscal Confidence Index, which measures opinion about the national debt. It combines data on respondents’ concerns about the debt; how high a priority it should be for leaders; and expectations about whether the U.S. debt will worsen or improve. For April, the index was at 44, slightly lower than March’s 46. Values below 100 show negative sentiment. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/chicago-pmi-slumps-to-35-year-low-in-april-2013-04-30 | |||||||
| http://www.marketwatch.com/story/us-home-price-advance-continues-2013-04-30 | |||||||
| http://blogs.marketwatch.com/election/2013/04/30/views-of-u-s-fiscal-situation-strongly-negative-index-finds/ | |||||||
| For today’s Morning Market Report click to listen-> | |||||||