Morning Market Report 5/9/2013

The KUIK Morning Market Report for Thursday, May 9:
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
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.
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.
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.
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%.
Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
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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