| The KUIK Morning Market Report for Monday, October 13: | |||||||
| Markets are down slightly. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (6) | points | 16,538 | 7:00 AM | ||
| S&P500 | Down | -0.2% | percent | 1,902 | (3.66) | ||
| Nasdaq Composite | Down | -0.4% | percent | 4,260 | (15.76) | ||
| 30 Year Treasury | Down | (2) | Basis Points | 3.01 | Annual Yield | ||
| China’s exports and imports rose faster than expected in September rising 15.3% from 2013 according to China’s General Administration of Customs. That is some good news as the world’s second-largest economy looks for ways to meet its target of growing 7.5% annually. September’s growth was faster than August’s 9.4% higher than the 12.5% forecast by The Wall Street Journal’s poll of 15 economists. China’s exports have been rising since April as the U.S. economy heats up, along with demand from Asia and Europe. | |||||||
| The Royal Swedish Academy of Sciences announced that French academic Jean Tirole has been awarded the 2014 Nobel prize in economic sciences “for his analysis of market power and regulation”. The prize is worth $1.1 million. The academy said Tirole is “one of the most influential economists of our time” and has been able to clarify “how to understand and regulate industries with a few powerful firms.” | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/china-trade-data-exceed-expectations-2014-10-13 | |||||||
| http://www.marketwatch.com/story/french-economist-jean-tirole-wins-2014-nobel-prize-in-economics-2014-10-13 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||