This is Bill Roller of BR Capital with the KUIK Morning Market Report for Friday, April, 20 |
Markets are up this morning. |
Index |
Direction |
Change |
Units |
Last |
7:42 AM |
|
|
Dow |
Up |
110 |
points |
13,073 |
|
|
|
S&P500 |
Up |
0.70% |
percent |
1,387 |
|
|
|
Nasdaq Composite |
Up |
0.84% |
percent |
3,033 |
|
|
|
30 Year Treasury |
Up |
3.9 |
basis points |
3.15 |
|
|
|
Stocks opened higher after better-than-expected quarterly results from General Electric and Microsoft. GE shares rose 1.5% on earnings that topped Wall Street estimates and Microsoft was up 4.2% after the company said net income fell from the year-ago period, but its profit and sales topped expectations. |
The euro came under pressure yesterday as bond yields rose on fears Spain or Italy could be consumed by the debt crisis. It rebounded after the Munich-based Ifo Institute said its business-confidence gauge rose to 109.9 in April from 109.8 in March. Economists had forecast a decline to 109.5. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/us-stock-indexes-climb-on-earnings-2012-04-20 |
http://www.marketwatch.com/story/europe-stocks-rise-after-german-ifo-data-2012-04-20?dist=markets |
For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |