The KUIK Morning Market Report for Thursday, May 9: |
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Markets are flat. |
|
Index |
Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Up |
9 |
points |
15,115 |
7:03 AM |
|
|
S&P500 |
Down |
-0.08% |
percent |
1,631 |
|
(1.29) |
points |
Nasdaq Composite |
Down |
-0.01% |
percent |
3,413 |
|
(0.34) |
points |
30 Year Treasury |
Up |
1 |
Basis Points |
2.99 |
Annual Yield |
|
|
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The Department of Labor reported The number of people who applied for unemployment-insurance benefits ticked down 4,000 to 323,000 in the week ending May 4, the lowest level since January 2008. Economists polled by MarketWatch had expected 335,000. |
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Oil and Gold fell on that jobs report. June Crude fell 0.8%, to $95.87 a barrel and June Gold fell 0.9%, to $1,461 an ounce on the New York Merc. |
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Microsoft shares slipped by 14 cents a share to $32.82, on reports that the company is offering to pay $1 billion to acquire the digital assets of the Nook Media digital book and college book joint venture it has with Barnes & Noble. |
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Chinese and Asian markets fell after government reported China’s consumer price index rose 2.4% in April from the year-ago period, driven by food prices. The producer price index, which measures wholesale prices, dropped a sharper-than-expected 2.6%. |
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Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://www.marketwatch.com/story/jobless-claims-hit-lowest-level-since-2008-2013-05-09-81035319 |
http://www.marketwatch.com/story/gold-prices-shy-away-from-one-month-high-2013-05-09?dist=markets |
http://www.marketwatch.com/story/microsoft-shares-slip-on-reports-of-nook-deal-2013-05-09?dist=markets |
http://www.marketwatch.com/story/asia-stocks-mostly-up-shanghai-down-after-data-2013-05-08?link=MW_popular |
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