| The KUIK Market Update for Tuesday, November 11: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 12 | points | 17,625 | 8:00 AM | ||
| S&P500 | Up | 0.1% | percent | 2,040 | 1.99 | ||
| Nasdaq Composite | Up | 0.1% | percent | 4,655 | 3.62 | ||
| 30 Year Treasury | Up | 0 | Basis Points | 3.09 | Annual Yield | ||
| The National Federation of Independent Business says its small-business optimism index rose by 0.8 to 96.1. The NFIB said a record low percentage of small business owners reported problems getting access to capital and a high number say they have no interest in borrowing. | |||||||
| Tax-free Internet shopping is safe for now thanks to House Speaker John Boehner. A bill granting states the ability to force out-of-state websites to collect Internet sales tax is dead, according to the Ohio Republican’s spokesman. A bipartisan group passed the Marketplace Fairness Act out of the Senate last year on a 69-27 vote, led by Sens. Richard Durbin, D-Ill., and Michael Enzi, R-Wyo., but it has languished in the House. Backers hope to get the bill through during the lame-duck session. | |||||||
| A packed schedule means Loretta Lynch will likely need to be confirmed as attorney general by a Republican-controlled Senate, the Hill reports. A Democratic aide said it’s too difficult to process an Attorney General nomination in the lame-duck session when Democrats will still be in control. | |||||||
| Banks, schools, government offices, and post offices are closed in honor of Veterans Day, and to all Veterans: Thank you for your service. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/small-business-optimism-edges-up-to-two-month-high-nfib-2014-11-11 | |||||||
| http://blogs.rollcall.com/218/boehner-kills-internet-sales-tax-bill/ | |||||||
| http://www.marketwatch.com/story/the-high-cost-of-flying-in-the-clintons-to-help-you-lose-your-campaign-2014-11-11?dist=lcountdown | |||||||
| For today’s Market Update Report click to listen-> | |||||||