| The KUIK Morning Market Report for Tuesday, January 14: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 15 | points | 16,273 | 6:54 AM | ||
| S&P500 | Up | 0.20% | percent | 1,823 | 3.65 | ||
| Nasdaq Composite | Up | 0.35% | percent | 4,128 | 14.36 | ||
| 30 Year Treasury | Up | 2 | Basis Points | 3.79 | Annual Yield | ||
| The Commerce Department reports retail sales rose 0.2% in December. The year as a whole was below expectations. Sales rose by 4.2%, marking the smallest annual gain since the recession ended in mid-2009. In December, sales jumped 1.4% at Internet retailers, 2% for food and beverage stores and 1.8% for clothes outlets. The spike in sales for food and drinks followed two straight declines. Sales also rose 1.6% at gas stations to reflect somewhat higher prices at the pump last month. Sales at auto dealerships, meanwhile, dropped 1.6%. Auto dealers attracted lots of buyers in November with big discounts, likely cutting into the sales that might have occurred in December.. Autos account for about one-quarter of all retail sales. | |||||||
| The National Federation of Independent Business said its small-business optimism index rose on gains in the component of those who expect the economy to improve and those who expect real sales to be higher. Three of the ten components were negative. The NFIB said the index was short of its recovery high of 95.4 and below the readings over 100 that are typical for after a recession. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/retailers-sales-rise-mildly-in-december-2014-01-14 | |||||||
| http://www.marketwatch.com/story/nfib-small-business-optimism-index-rises-2014-01-14 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||