The KUIK Morning Market Report for Friday, October 11: |
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Markets are up. |
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Index |
Direction |
Change |
Units |
Last |
Time |
Change |
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Dow |
Up |
44 |
points |
15,180 |
7:01 AM |
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S&P500 |
Up |
0.20% |
percent |
1,696 |
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3.37 |
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Nasdaq Composite |
Up |
0.23% |
percent |
3,769 |
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8.57 |
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30 Year Treasury |
Down |
(4) |
Basis Points |
3.70 |
Annual Yield |
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U.K. stocks look headed for their first weekly gain in three weeks, with risk-sensitive sectors such as banks and mining firms moving up on signs U.S. lawmakers are making progress in solving the budget and debt-ceiling stalemate. The FTSE 100 index climbed 0.7% to 6,476.30, on track for its highest closing level since late September |
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Oil futures fell after the International Energy Agency predicted strong growth in oil supplies for next year. The losses reversed yesterday’s gain. November crude is off 1.9%, to $101.06 a barrel on the New York Merc. Oil is down 2.7% for the week. |
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The University of Michigan/Thomson Reuters consumer-sentiment index fell to a preliminary October reading of 75.2 — lowest since January — from a final September reading of 77.5. Economists expected 75 due to concerns over the government shutdown, the debt ceiling, and stock market volatility. |
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Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://www.marketwatch.com/story/uk-stocks-flirt-with-two-week-high-2013-10-11 |
http://www.marketwatch.com/story/oil-dips-as-lawmakers-fail-to-agree-on-deal-2013-10-11 |
http://www.marketwatch.com/story/consumer-sentiment-falls-in-october-2013-10-11?link=MW_story_latest_news |
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For today’s Morning Market Report click to listen-> |
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