| The KUIK Market Update for Monday, September 15: | |||||||
| Markets are mixed. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 20 | points | 17,007 | 8:16 AM | ||
| S&P500 | Down | -0.1% | percent | 1,983 | (2.61) | ||
| Nasdaq Composite | Down | -1.0% | percent | 4,524 | (43.76) | ||
| 30 Year Treasury | Down | (2) | Basis Points | 3.33 | Annual Yield | ||
| The Empire State manufacturing survey improved to a near five-year high of 27.5 in September, according to the New York Fed. Economists expected 16.0. Readings above zero indicate improving conditions. The index is at its highest level since October 2009. New-orders and shipments rose while unfilled orders and employment fell. Prices received jumped ito 17.4, its highest level since March 2012. The Empire State is the first of the regional manufacturing surveys to be released each month. | |||||||
| 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/empire-state-index-rises-to-275-in-september-2014-09-15-891305 | |||||||
| 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 Market Update Report click to listen-> | |||||||