Market Update Report 12/6/2012 | Beacon Rock Wealth Advisors

The KUIK Market Update for Thursday, December 6:
Markets are moving up.
Index	Direction	Change	Units	Last	Time	Change
Dow	Up	22	points	13,059	7:53 AM
S&P500	Up	0.2%	percent	1,413		3.35	points
Nasdaq Composite	Up	0.6%	percent	2,991		17.16	points
30 Year Treasury	Down	(2)	Basis Points	2.76	Annual Yield
Initial jobless claimsfell by 25,000 to a seasonally adjusted 370,000 in the week ended Dec. 1, the Labor Department reported. Claims from two weeks ago were revised up by 2000 to 395,000.
Apple plans to spend more than $100 million next year on building Macs in the U.S., shifting a small portion of manufacturing away from China. Apple made all of its products in the US until the late 1990’s.
The euro turned down against the U.S. dollar after European Central Bank President Mario Draghi said that policy makers considered cutting interest rates, but instead opted to keep benchmark rates at a record low. That boosted analysts’ expectations that the central bank could lower interest rates in the near future as because Europe is expected to stay in recession.
Pizza Hut in Canada, is launching a “fresh dough with a bit of spice” perfume, The scent will be sent in a small bottles to 100 Canadians as a reward to pizza fans. Breadsticks are not included.
Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/us-jobless-claims-drop-25000-to-370000-2012-12-06
http://www.bloomberg.com/news/2012-12-06/ecb-s-draghi-says-economic-weakness-to-persist-into-next-year.htmlhttp://www.bloomberg.com/news/2012-12-06/apple-to-invest-in-manufacturing-macs-in-u-s-ceo-cook-says.html
http://www.marketwatch.com/story/dollar-adds-to-gains-but-may-soon-retreat-2012-12-06
http://www.marketwatch.com/story/pizza-hut-perfume-smells-like-dough-and-spice-2012-12-06
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