| The KUIK Morning Market Report for Monday, September 15: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (19) | points | 16,969 | 7:03 AM | ||
| S&P500 | Down | -0.3% | percent | 1,980 | (5.10) | ||
| Nasdaq Composite | Down | -0.8% | percent | 4,531 | (37.06) | ||
| 30 Year Treasury | Down | (4) | Basis Points | 3.31 | Annual Yield | ||
| The Federal Reserve reports US industrial production fell 0.1% in August for the first decline since January. Economists polled by MarketWatch expected a 0.3% gain. The drop came as manufacturing fell 0.4%, while mining gained 0.5% and utilities rose 1%. Motor vehicles and parts fell 7.6% after a 9% jump in July. Exclusing autos output rose 0.1% in both July and August. Capacity utilization fell to 78.8% from 79.1%. | |||||||
| China’s National Bureau of Statistics said Saturday that value-added industrial output grew by just 6.9% in August year -over-year, down from 9.0% in July, weakest growth since December 2008. The Hang Seng Index fell 1%, with oil stocks hit the hardest. European shares edged lower with the Stoxx Europe 600 down 0.2% by mid-morning, | |||||||
| Stock markets worldwide are looking to Thursday’s vote Scottish independence from the UK. Polls on that are too close to call. Heavy campaigning by both sides went on over the weekend. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/industrial-production-drops-01-in-august-for-first-fall-in-seven-months-2014-09-15 | |||||||
| http://www.marketwatch.com/story/european-shares-fall-with-chinese-data-scotland-in-view-2014-09-15 | |||||||
| http://www.marketwatch.com/story/european-shares-fall-with-chinese-data-scotland-in-view-2014-09-15 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||