Morning Market Report 4/11/2012

This is Bill Roller of BR Capital with the KUIK Morning   Market Report for Wednesday, April, 11
Markets are up today.
Index Direction Change Units Last
Dow Down               102 points            12,818
S&P500 Up 0.87% percent              1,370
Nasdaq Composite Up 1.13% percent              3,025
30 Year Treasury Up                4.8 basis points              3.18
Alcoa reported an unexpected quarterly profit and the shares are pulling the market up today. The company’s first-quarter net earnings were   $94 million, or 9 cents a share and revenue rose slightly to $6 billion from a year-ago. Analysts had expected the company to swing to a loss of 3 cents a   share on $5.77 billion in revenue.
May   Crude is up 90 cents,  to $101.97 a   barrel on the New York Merc.  The   Energy Information Administration said crude supplies rose 2.8 million   barrels on the week ended April 6. That compares to expectations of a rise of   1.8 million barrels, and comes after two weeks of large increases.
Always serving the   West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/alcoa-expected-to-swing-to-loss-after-hours-2012-04-10?dist=afterbell
http://www.marketwatch.com/story/oil-gains-further-after-inventories-report-2012-04-11?dist=markets
For today’s Morning ¬† Market Report click to listen-> https://beaconrwa.com/audio/Morning-Market-Report.mp3