Market Update Report 5/9/2013

The KUIK Market Update for Thursday, May 9:
Markets are down a little.
Index Direction Change Units Last Time Change
Dow Down                    (12) points             15,093 7:53 AM
S&P500 Down -0.23% percent               1,629              (3.74) points
Nasdaq Composite Down -0.13% percent               3,409              (4.32) points
30 Year Treasury Down                      (0) Basis Points                 2.98 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 ended May 4, the lowest level since January 2008.  Economists polled by MarketWatch expected 335,000.
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.
The number of U.S. properties with foreclosure filings fell 23% in April from 2012, bringing foreclosures a 74-month low, according to RealtyTrac. There were 144,790 U.S. properties with default notices, scheduled actions and bank repossessions in April, down 5% from March and   70,133 foreclosure starts in April, down 28% from 2012 and down 4% from March.
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/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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