| The KUIK Morning Market Report for Thursday, January 16: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (41) | points | 16,441 | 7:00 AM | ||
| S&P500 | Down | -0.19% | percent | 1,845 | (3.56) | ||
| Nasdaq Composite | Down | -0.09% | percent | 4,211 | (3.66) | ||
| 30 Year Treasury | Down | (2) | Basis Points | 3.78 | Annual Yield | ||
| The Labor Department reports initial jobless claims dipped by 2,000 to 326,000 in the week ended Jan. 11 for the smallest number in six weeks. Economists expected a seasonally adjusted 330,000. Ccontinuing claims, those already receiving benefits rose by 174,000 to a seasonally adjusted 3.03 million in the week ended Jan 4. | |||||||
| The Labor Department also said consumer prices rose a seasonally adjusted 0.3% in December, led by higher costs for energy and shelter. The increase in inflation, combined with fewer hours worked, reduced the average hourly pay of American workers by 0.3%. Energy prices rose 2.1% and food prices edged up 0.1%. | |||||||
| Hershey and 3D Systems Corp. reached a multiyear joint development agreement to explore and develop ways to use 3-D printing technology to produce edible foods, including candies. Financial terms of the deal weren’t disclosed. Can printing pizzas be next? | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-jobless-claims-fall-to-six-week-low-2014-01-16 | |||||||
| http://www.marketwatch.com/story/consumer-prices-jump-03-in-december-2014-01-16 | |||||||
| http://www.marketwatch.com/story/hershey-3d-systems-to-develop-printable-foods-2014-01-16-94853813 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||