| The KUIK Morning Market Report for Monday, November 5: | |||||||
| It’s a flat day on wall street as investors wait for the election. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (9) | points | 13,085 | 7:40 AM | ||
| S&P500 | Down | -0.1% | percent | 1,413 | (0.78) | points | |
| Nasdaq Composite | Up | 0.2% | percent | 2,989 | 7.08 | points | |
| 30 Year Treasury | Down | (4) | Basis Points | 2.87 | Annual Yield | ||
| The Institute for Supply Management on said its index of nonmanufacturing activity declined to 54.2 in October from 55.1 in September. Economists expected a decline to 54.5 and above 50 is expansion. New-orders and business activity both fell, but employment rose. | |||||||
| Crude-oil futures wavered between small gains and losses as traders assess energy demand after Hurricane Sandy and wait for the U.S. election and a meeting of China’s leadership. December crude is up 0.1%, to $84.91 a barrel on the New York Merc. Both the U.S. election tomorrow and the 18th Communist Party congress in China on Thursday should give a boost to commodities markets. | |||||||
| Maybe smaller is better. Apple said it has sold three million iPads in three days since the launch of its new iPad mini and fourth generation iPad–double its previous first-weekend milestone. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/october-ism-services-index-falls-to-542-2012-11-05 | |||||||
| http://www.marketwatch.com/story/oil-near-85-before-us-vote-and-china-parley-2012-11-05 | |||||||
| http://www.marketwatch.com/story/apple-sold-3-mln-ipads-in-3-days-since-mini-debut-2012-11-05 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | |||||||