The KUIK Morning Market Report for Monday, July 10:
Markets are flat.
Index
Direction
Change
Units
Index
Time
Change
Dow Jones Industrial Average
Down
(2)
points
21,412
7:12 AM
S&P500
Up
0.0%
percent
2,426
0.33
Nasdaq Composite
Up
0.0%
percent
6,155
1.70
30 Year Treasury
Down
(1)
Basis Points
2.92
Annual Yield
The pending breakup between the U.K. and the European Union is making more top U.K. financial executives uneasy about their prospects for business, according to a survey published today by Deloitte. The percentage of chief financial officers who expect some negative, long-term effects from Brexit climbed to 72% in the second quarter of 2017, up from 60% in the first. The survey was taken after the general election in early June unexpectedly resulted in conservatives losing seats. The british economy grew by 0.2% in the first quarter, slowing from 0.7% in the fourth quarter of 2016, according to data from the Office for National Statistics.
Website Moneyish reports 890 million people visit Facebook daily and they spend around 50 minutes each day on Facebook and its Instagram and Messenger platforms. Nearly one in three Americans say that social media has an influence on their purchasing decisions, and many admit to buying a vacation or something else because they saw someone post about it on social media. It lists four types of Facebook users: Relationship Builders, Town Criers, Selfies, and the Window Shoppers or lurkers. See you on Facebook.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
