| The KUIK Market Update for Thursday, August 14: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 25 | points | 16,676 | 7:44 AM | ||
| S&P500 | Up | 0.2% | percent | 1,951 | 4.75 | ||
| Nasdaq Composite | Up | 0.2% | percent | 4,441 | 6.91 | ||
| 30 Year Treasury | Down | (2) | Basis Points | 3.22 | Annual Yield | ||
| The Labor Department reports new claims for unemployment benefits rose 21,000 to 311,000 in the week the ended Aug. 9, hitting the highest level since June. Despite that rise, weekly claims are near pre-recession levels, signaling a slow pace of layoffs. Economists expected 300,00. Continuing claims rose 25,000 to 2.54 million in the week that ended Aug. 2. | |||||||
| In a first, a Chinese surgeon used his Google Glass to live broadcast orthopedic surgery. His fellow doctors in Asia and Europe wached the procedure on their mobile phones and tablets. The surgery was performed by orthropedic surgeon Chen Yunfeng at Shanghai 6th People’s Hospital, where they specialize in reattaching severed limbs. The hospital is in talks with app developers for more advanced applications including doctors performing sugery remotely using using 3-D images displayed in their Google Glasses. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-weekly-jobless-claims-rise-21000-to-311000-2014-08-14 | |||||||
| http://www.marketwatch.com/story/chinese-doctor-uses-google-glass-to-broadcast-surgery-2014-08-14 | |||||||
| For today’s Market Update Report click to listen-> | |||||||