| The KUIK Morning Market Report for Thursday, April 24: | |||||||
| Markets are mixed. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (24) | points | 16,489 | 6:59 AM | ||
| S&P500 | Unchanged | 0.0% | percent | 1,875 | 0.09 | ||
| Nasdaq Composite | Up | 0.1% | percent | 4,131 | 3.63 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 3.48 | Annual Yield | ||
| Initial jobless claims jumped by 24,000 to a seasonally adjusted 329,000 in the seven days ended April 19, according to the Labor Department. That’s the highest level since the end of March. Economists expected a rise to 315,000 fromlst week’s revised 305,000. Continuing claims decreased by 61,000 to a seasonally adjusted 2.68 million in the week ended April 10. That’s the lowest level since December 2007 | |||||||
| The Commerce Department reports orders for durable goodsjumped 2.6% in March for the biggest gain in four months, suggesting a pickup in business spending with the onset of warmer weather. Economists expected a 1.8% rise. Commercial-aircraft orders rose 8.6% and autos edged up 0.4%. Taking out the volatile transportation sector, durable-goods orders rose 2.0%, with gains in every major category. Booking for computers jumped 5.7%, the sharpest increase in almost three and a half years. Core capital goods – a measure of business investment – climbed 2.2% to mark the biggest rise since November. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/jobless-claims-jump-24000-to-329000-2014-04-24-81034625 | |||||||
| http://www.marketwatch.com/story/durable-goods-orders-climb-26-in-mach-2014-04-24 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||