Market Update Report 11/7/2017

The KUIK Market Update for Tuesday, November 7:
Markets are mixed.
Index Direction Change Units Index Time Change
Dow Jones Industrial Average Up 9 points 23,557 7:37 AM
S&P500 Up 0.0% percent 2,595 0.72
Nasdaq Composite Down -0.2% percent 6,772
30 Year Treasury Down (1) Basis Points 2.79 Annual Yield
The market for public cloud-computing services surged in the first half of 2017, largely due to a big rise in spending from Chinese companies. Sales of public cloud services grew by nearly 29% to $63.26 billion in the first half of 2017 from the year-ago period, according to a report released Monday by International Data Corp.The biggest surge came from the Asia/Pacific region, which saw a 38.9% rise in sales, accounting for 11.5% of public cloud service revenues, IDC said. The force behind that was China, where spending soared 55.6% from the year-ago period.
The Labor Department reports the number of job openings in the U.S. rose slightly in September to 6.09 million, keeping them near a record high. 5.27 million people were hired, down from 5.42 million. And 5.24 million people lost their jobs, also down from August. The quits rate among private-sector employees was unchanged at 2.4%. It edged up to 2.2% from 2.1% if government workers are included.,
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
https://www.marketwatch.com/story/big-cloud-computing-growth-seeded-by-china-spending-boosting-alibaba-2017-11-06
https://www.marketwatch.com/story/us-job-openings-stay-close-to-record-high-2017-10-11
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