| The KUIK Morning Market Report for Monday, September 8: | |||||||
| Markets are flat. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (8) | points | 17,129 | 6:57 AM | ||
| S&P500 | Down | 0.0% | percent | 2,007 | (0.87) | ||
| Nasdaq Composite | Up | 0.3% | percent | 4,598 | 14.90 | ||
| 30 Year Treasury | Down | (5) | Basis Points | 3.19 | Annual Yield | ||
| European stock markets pulled back today after four straight weekly gains, as a poll over the weekend put the pro-Scottish-independence movement in the lead for the first time, spooking investors. With less than two weeks to the Sept. 18 vote, 47% of those surveyed said “yes” to independence for Scotland, while 45% said no. Economists have warned about the consequences for a Scottish breakaway. Goldman Sachs said last week that it could cause crises for both Scotland and the U.K. economies. The British pound fell against the dollar. The Stoxx Europe 600 index lost 0.8% to 344.83 after posting a 1.6% gain last week. Its has gained 7% over the las tfour weeks. | |||||||
| China’s exports grew 9.4% year-over-year in August, according to the country’s General Administration of Customs, down from a 14.5% rise in July. Economists surveyed by The Wall Street Journal expected a 9.2% rise. Imports fell by 2.4% on-year, after a 1.6% drop in July. Economists expected a 2.7% rise in August. China’s trade surplus with the rest of the world widened to a record of $49.8 billion in August. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/european-stocks-pound-drop-on-scottish-poll-2014-09-08?dist=markets | |||||||
| http://www.marketwatch.com/story/chinas-exports-grow-94-but-imports-drop-2014-09-07 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||