| The KUIK Morning Market Report for Friday, June 14: | |||||||
| Markets are up slightly. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 16 | points | 15,011 | 7:05 AM | ||
| S&P500 | Up | 0.28% | percent | 1,640 | 4.00 | points | |
| Nasdaq Composite | Up | 0.05% | percent | 3,447 | 1.00 | points | |
| 30 Year Treasury | Down | 3 | Basis Points | 3.29% | Annual Yield | ||
| The Labor Department reported wholesale prices rose in May for the first time in three months, caused by higher costs for gasoline, eggs, and light trucks. The producer price index climbed a seasonally adjusted 0.5% last month Economists polled by MarketWatch expected only a .1% increase. The spike follows drops of 0.7% in April and 0.6% in March that were mostly due to falling gasoline prices. Gas prices rose in May, to push overall energy costs 1.3% higher | |||||||
| The Federal Reserve reported industrial production was unchaged in May, the second straight weak reading. Economists expected a .1% increase. | |||||||
| Crude oil rose on that wholesale prices report. July crude is up 1.2%, to $97.85 a barrel on the New York Merc. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-wholesale-prices-jump-05-in-may-2013-06-14 | |||||||
| http://www.marketwatch.com/story/us-industrial-output-flat-in-may-2013-06-14-9103386 | |||||||
| http://www.marketwatch.com/story/oil-futures-wobble-but-aim-for-weekly-rise-2013-06-14?dist=markets | |||||||
| For today’s Morning Market Report click to listen-> | |||||||