| The KUIK Morning Market Report for Thursday, April 3: | |||||||
| Markets are up slightly. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 9 | points | 16,582 | 7:16 AM | ||
| S&P500 | Up | 0.0% | percent | 1,891 | 0.33 | ||
| Nasdaq Composite | Down | -0.1% | percent | 4,273 | (3.69) | ||
| 30 Year Treasury | Down | (2) | Basis Points | 3.63 | Annual Yield | ||
| New claims for unemployment benefits rose by 16,000 to a seasonally adjusted 326,000 in the week ended March 29, according to the Labor Department. Economists expected 320,000 from last week’s revised 310,000. | |||||||
| The Commerce Department reports the U.S. trade deficit climbed 7.7% to $42.3 billion in February to mark a five-month high, mainly because the nation exported less petroleum and commercial jet aircraft. Economists expected $39.7 billion. The trade gap with China dropped to an unadjusted $20.9 billion from $27.8 billion in January, the lowest level in nearly one year. The deficit with Mexico increased to $4 billion from $2.8 billion. | |||||||
| Announced layoffs dropped last month, and total planned cuts over the three months through March hit the lowest level for a first quarter in 19 years, according to outplacement firm Challenger, Gray & Christmas. There were 34,000 announced layoffs in March, down from 42,000 in February and 49,000 in March 2013. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-jobless-claims-rise-to-one-month-high-2014-04-03 | |||||||
| http://www.marketwatch.com/story/february-trade-deficit-rises-77-to-423-billion-2014-04-03-891307 | |||||||
| http://www.marketwatch.com/story/planned-layoffs-fall-in-march-challenger-2014-04-03 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||