| The KUIK Morning Market Report for Tuesday, December 24: | |||||||
| Markets are up in this shortened trading session. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 34 | points | 16,325 | 7:08 AM | ||
| S&P500 | Up | 0.10% | percent | 1,830 | 1.89 | ||
| Nasdaq Composite | Down | -0.03% | percent | 4,148 | (1.21) | ||
| 30 Year Treasury | Up | 3 | Basis Points | 3.88 | Annual Yield | ||
| The Commerce Department reports orders for durable goods rose 3.5% in November, led by aircraft and other transportation equipment. Economists expected 2%, according to a MarketWatch survey. Excluding transportation, durable goods orders rose 1.2%, the most since May adn core capital goods, which represent business investment, rose 4.5% in November, the most since January. | |||||||
| Christmas retail sales are not going well. In-store sales for the week ended Sunday, Dec. 22, fell 3.1% from 2012 and the number of shoppers dropped 21%, according to ShopperTrak. Last Friday, Saturday and Sunday, along with the Friday after Thanksgiving, were expected to be among the top four shopping days of the season. ShopperTrak’s original forecast was tha tsales would increase 2.4% and traffic would fall 10% in combined November and December. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/business-investment-rises-at-fastest-rate-since-january-2013-12-24 | |||||||
| http://blogs.marketwatch.com/behindthestorefront/2013/12/23/retailers-sales-fall-in-final-week-ahead-of-christmas/ | |||||||
| For today’s Morning Market Report click to listen-> | |||||||