| The KUIK Morning Market Report for Friday, April 25: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (115) | points | 16,385 | 7:12 AM | ||
| S&P500 | Down | -0.4% | percent | 1,871 | (8.02) | ||
| Nasdaq Composite | Down | -0.9% | percent | 4,110 | (38.80) | ||
| 30 Year Treasury | Down | (3) | Basis Points | 3.44 | Annual Yield | ||
| Russia’s ruble slipped to the lowest level in more than a week, as concerns about the country’s standoff with Ukraine continued to weigh on Russian assets. The dollar rose 0.7% against the ruble. The ruble briefly trimmed its losses when Russia’s central bank in a surprise move hiked its key lending rate to 7.5% from 7%. Russia’s blue-chip MICEX index is dropped 1.2% to 1,285.47. | |||||||
| Amazon.com shares fell 5.5% after the firm reported earnings yesterday. The e-commerce company showed thin profits alongside a 23% increase in sales. The firm also said it expects an operating loss in the second quarter due in part to the costs of expansion into new product lines. Microsoft shares rose 1.5% after the computer maker said late Thursday its profit slipped, but still managed to top Wall Street profit forecasts. The company said it earned 68 cents per share, compared with analyst expectations of 63 cents a share, according to Thomson Reuters. The earnings report marks the first under new CEO Satya Nadella. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/ruble-slips-to-one-week-low-amid-political-tensions-2014-04-25?link=MW_Nav_INV | |||||||
| http://www.marketwatch.com/story/amazon-visa-fall-on-results-microsoft-rises-2014-04-25?dist=markets | |||||||
| For today’s Morning Market Report click to listen-> | |||||||