| The KUIK Market Update for Monday, August 18: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 143 | points | 16,806 | 7:38 AM | ||
| S&P500 | Up | 0.7% | percent | 1,969 | 14.15 | ||
| Nasdaq Composite | Up | 0.8% | percent | 4,499 | 33.94 | ||
| 30 Year Treasury | Up | 4 | Basis Points | 3.17 | Annual Yield | ||
| Bloomberg reports Ukrainian and Russian officials are meeting in Berlin to ease tensions. | |||||||
| Iraqi and Kurdish forces retook control of the Mosul Dam, according to Iraqiya television. The U.S. increased its airstrikes in Iraq over the weekend to help secure the dam near Mosul, Iraq’s largest northern city, after it was seized by Islamist militants. | |||||||
| The Federal Reserve is watching economic data to help gauge adjustments to monetary stimulus. The central bank remains on pace to wind down its monthly bond purchases in October. Fed Chair Janet Yellen has said officials will keep its benchmark interest rate low for a “considerable time” after the bond buying ends. The central bank releases minutes from its July meeting on Wednesday. On Thursday, the Fed Bank of Kansas City begins its annual symposium in Jackson Hole, Wyoming, where leading economists and central bankers will discuss the outlook for the economy and monetary policy. Yellen and European Central Bank President Mario Draghi are among the speakers at the conference, this year titled “Re-Evaluating Labor Market Dynamics.” | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2014-08-18/u-s-index-futures-advance-as-ukraine-begins-truce-talks.html | |||||||
| http://www.bloomberg.com/news/2014-08-18/u-s-index-futures-advance-as-ukraine-begins-truce-talks.html | |||||||
| http://www.bloomberg.com/news/2014-08-18/u-s-index-futures-advance-as-ukraine-begins-truce-talks.html | |||||||
| For today’s Market Update Report click to listen-> | |||||||