| The KUIK Morning Market Report for Monday, August 11: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 51 | points | 16,605 | 7:41 AM | ||
| S&P500 | Up | 0.5% | percent | 1,942 | 10.05 | ||
| Nasdaq Composite | Up | 0.8% | percent | 4,407 | 36.11 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 3.24 | Annual Yield | ||
| European stocks were up, as Russia indicates it will work to ease tensions with Ukraine. The Stoxx Europe 600 climbed 1.2% to 328.91, cutting into last week’s 2.1% slide. Russia’s MICEX index climbed 1.9%. | |||||||
| Japan stocks jumped the most in nearly four months, recovering some of their losses from the end of last week. The Nikkei Average climbed 2.4%, marking its biggest daily percentage increase since mid-April. The index was down 3% on Friday. | |||||||
| More than two dozen state attorneys general urged the Food and Drug Administration on Friday to impose restrictions on electronic cigarettes, including prohibiting television advertising and banning the wide variety of candy and fruit flavors that have helped make e-cigarettes popular. Those restrictions are tougher than those proposed in April by the FDA. The agency said it would prohibit the sale of the battery-powered devices to anyone under age 18 but did not propose restrictions on advertising, online sales and flavored e-cigarettes. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/europe-stocks-rise-as-ukraine-tensions-ease-2014-08-11?link=MW_Nav_EP | |||||||
| http://www.marketwatch.com/story/japan-stocks-notch-biggest-gain-in-four-months-2014-08-11 | |||||||
| http://www.marketwatch.com/story/29-state-ags-urge-tougher-curbs-on-e-cigarettes-2014-08-09 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||