| The KUIK Market Update for Tuesday, October 28: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 52 | points | 16,870 | 8:13 AM | ||
| S&P500 | Up | 0.6% | percent | 1,973 | 10.98 | ||
| Nasdaq Composite | Up | 1.1% | percent | 4,537 | 51.04 | ||
| 30 Year Treasury | Up | 2 | Basis Points | 3.05 | Annual Yield | ||
| The Commerce Department reports orders for durable goods fell 1.3% in September for the second straight drop, as demand fell products including autos and computers. Economists expected a 0.2% increase. Leaving out the volatile transportation sector, orders fell by a smaller 0.2%. Orders for core capital goods, a measure of business investment, fell 1.7% for the biggest drop since January. Durable-goods orders for August were unrevised at an 18.4% drop due to fewer aircraft orders after a large July. | |||||||
| A survey from WalletHub found that beer and wine prices could vary by almost 100% depending on the city. The average price of a six-pack of beer in Baton Rouge, La. which has the cheapest beer in America was $7.41, compared with $13.31 in both Aurora, Ill., and Chicago tied for the honor of priciest beer in the nation, beating the runner-up by more than $3. Portland, Oregon made the list for having the priciest wine in Amercia at $13.22 a bottle. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-durable-goods-orders-drop-13-in-september-below-forecast-2014-10-28 | |||||||
| http://www.marketwatch.com/story/the-city-with-the-cheapest-beer-in-america-is-2014-10-17?link=MW_home_latest_news | |||||||
| For today’s Market Update Report click to listen-> | |||||||