| The KUIK Morning Market Report for Friday, December 5: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 24 | points | 17,924 | 7:04 AM | ||
| S&P500 | Up | 0.1% | percent | 2,073 | 1.53 | ||
| Nasdaq Composite | Up | 0.2% | percent | 4,777 | 7.42 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 2.97 | Annual Yield | ||
| The Labor Department reports the U.S. added 321,000 new jobs in November, for the biggest gain since early 2012. The unemployment rate held steady at 5.8% as more people reentered the labor force in search of work. The bulk of the gains were concentrated in white-collar professions, retail, health care and manufacturing. The business sector led the way again, creating 86,000 jobs. Retailers also added 50,000 workers to gear up for what’s expected to be the best holiday shopping season since 2007. | |||||||
| The U.S. trade deficit edged down 0.4% to $43.4 billion in October from a revised $43.6 billion in September, according to the Commerce Department. Economists forecasted a deficit of $41 billion. Exports rose 1.2% to $197.5 billion, led by commercial aircraft. Imports increased 0.9%. , and would have been larger if not for a big drop in the price of oil. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/321000-jobs-added-to-economy-in-november-2014-12-05 | |||||||
| http://www.marketwatch.com/story/us-trade-deficit-dips-04-to-434-billion-in-october-2014-12-05 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||