| The KUIK Market Update for Friday, October 25: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 22 | points | 15,530 | 8:10 AM | ||
| S&P500 | Up | 0.08% | percent | 1,754 | 1.46 | ||
| Nasdaq Composite | Up | 0.26% | percent | 3,939 | 10.15 | ||
| 30 Year Treasury | Down | (2) | Basis Points | 3.59 | Annual Yield | ||
| The Commerce Department announed orders for durable goods jumped 3.7% in September, led by a 57.5% increase in aircraft orders. Boeing signed contracts for 127 jetliners last month compared to just 16 in August. Economists expected a seasonally adjusted 3.0% increase. However taking out the out the volatile transportation sector, new orders dipped 0.1% in September, the third straight decline. | |||||||
| The Michigan/Thomson Reuters consumer-sentiment index fell to a final October reading of 73.2 — lowest since December — from a final September read of 77.5. Economists expected a final October reading of 74.8. | |||||||
| That economic data paints a picture of a fragile U.S. economic recovery.The ICE dollar index — which gauges the dollar six other currencies is on track for a 0.6% weekly decline, which would bring its drop since the start of October to around 1.3% and reflects expectations that the Fed will continue its asset-purchase program at next week’s policy meeting. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/durable-goods-orders-rise-37-in-september-2013-10-25 | |||||||
| http://www.marketwatch.com/story/consumer-sentiment-falls-in-october-2013-10-25 | |||||||
| http://www.marketwatch.com/story/dollar-cedes-more-ground-as-euro-advances-2013-10-25?link=MW_story_latest_news | |||||||
| For today’s Market Update Report click to listen-> | |||||||