| The KUIK Morning Market Report for Friday, September 20: | |||||||
| Markets are mixed. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (23) | points | 15,615 | 7:01 AM | ||
| S&P500 | Down | -0.06% | percent | 1,721 | (1.01) | ||
| Nasdaq Composite | Up | 0.10% | percent | 3,793 | 3.83 | ||
| 30 Year Treasury | Down | (1) | Basis Points | 3.79 | Annual Yield | ||
| Retail gasoline prices fell below $3.50 a gallon for the first time in more than two months, according to AAA. Prices have dropped because of less worries about a military strike on Syria and a switchover to less-expensive winter gasoline blend. The end of summer driving came as U.S. stockpiles of gasoline are running 10% higher than a year ago. | |||||||
| We missed the Septaper, is the Octaper coming instead? The Federal Reserve could begin to slow asset purchases at its October meeting depending on economic data, said St. Louis Fed President James Bullard today Bloomberg Television. | |||||||
| The Obama administration will unveil new regulations today expected to set strict limits on the amount of carbon pollution generated by any new U.S. power plants. That could make it more difficult to built new coal-fired plants. The proposed rule won’t immediately affect existing plants. Coal accounts for 40% of U.S. electricity, and its market share is shrinking. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://blogs.marketwatch.com/energy-ticker/2013/09/19/retail-gas-drops-under-3-50-for-first-time-in-two-months/ | |||||||
| http://www.marketwatch.com/story/bullard-taper-possible-in-october-2013-09-20 | |||||||
| http://www.marketwatch.com/story/us-plans-tough-rules-on-power-plant-pollution-2013-09-20 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||