| The KUIK Market Update for Tuesday, August 6: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (120) | points | 15,493 | 7:39 AM | ||
| S&P500 | Down | -0.67% | percent | 1,696 | (11.44) | ||
| Nasdaq Composite | Down | -0.77% | percent | 3,665 | |||
| 30 Year Treasury | Up | 2 | Basis Points | 3.75 | Annual Yield | ||
| The trade gap fell 22.4% to $34.2 billion from a downwardly revised $44.1 billion in May according to the Commerce Department. Economists surveyed by MarketWatch expected the deficit to fall to $43 billion on a seasonally adjusted basis. The narrowing of the trade deficit reflected higher exports and lower imports. Imports decreased by 2.5% in June to a seasonally adjusted $225.4 billion, while exports rose 2.2% to $191.2 billion. | |||||||
| The Department of Labor reports Job openings at U.S. workplaces rose to 3.94 million in June, highest level since May 2008 — from 3.91 million in May. Compared with June of 2012, job openings rose 3.8%, as private openings increased 3.3% to 3.53 million, and government openings increased to 402,000 from 372,000. With about 11.78 million unemployed people in June, there were 3 potential job seekers per opening, same as in May. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-trade-gap-in-june-smallest-since-2009-2013-08-06 | |||||||
| http://www.marketwatch.com/story/june-job-openings-rise-to-394-million-2013-08-06-1091174?dist=lcountdown | |||||||
| For today’s Morning Market Report click to listen-> | |||||||