Morning Market Report 11/6/2012

The KUIK Morning Market Report for Tuesday, November 6:
It’s an up day on Wall Street as investors wait for the election results.
Index Direction Change Units Last Time Change
Dow Up                     88 points             13,200 7:52 AM
S&P500 Up 0.4% percent               1,423               5.83 points
Nasdaq Composite Up 0.2% percent               3,005               5.33 points
30 Year Treasury Up                         2 Basis Points                 2.89 Annual Yield
The Labor Department says job openings at U.S. workplaces ticked down to by 100,000 3.56 million in September from 3.66 million in August Compared with the prior year, job openings rose 2%–private openings increased 3% to 3.19 million, and government openings fell 8% to 368,000.
U.S. election concerns overshadowed most issues in Euopre, where most stock markets rebounded from prior-day losses led by gains for financial shares. The Stoxx Europe 600 index rose 0.5% to 274, recovering from a 0.6% loss on Monday on concerns about Greece’s next load of bailout money.
The dollar is little changed as Election Day ist under way, but it fell against the Australian dollar after Australia’s central bank kept its cash rate at 3.25%.
Bloomberg reports that Apple is looking to replace Intel.  Apple is exploring replacing Intel   processors in its Mac personal computers with a version of the ARM Technology chips it uses in the iPhone and iPad. Apple switched from Motorola chips to Intel chips in 2005.
Serving the West   Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/economy-politics?link=MW_Nav_EP
http://www.marketwatch.com/story/europe-stocks-rise-with-all-eyes-on-us-election-2012-11-06
http://www.marketwatch.com/story/us-dollar-hews-to-tight-ranges-as-election-looms-2012-11-06
http://www.bloomberg.com/news/2012-11-05/apple-said-to-be-exploring-switch-from-intel-chips-for-the-mac.html
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