| The KUIK Market Update for Monday, December 10: | |||||||
| Markets are up this morning. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 17 | points | 13,173 | 7:55 AM | ||
| S&P500 | Up | 0.1% | percent | 1,420 | 1.95 | points | |
| Nasdaq Composite | Up | 0.5% | percent | 2,993 | 15.24 | points | |
| 30 Year Treasury | Down | (2) | Basis Points | 2.80 | Annual Yield | ||
| Italian Prime Minister Mario Monti plans to step down by year’s end instead of staying until his term expires in April. Italian banks led European stock markets lower today, over European debt concerns. | |||||||
| U.S. crude-oil futures reversed their losses to post a modest gain today, helped by data hinting at stronger Chinese demand. January crude rose 0.6% to $86.46 a barrel in electronic trading. Data released shows November crude-oil shipments to China, the world’s second-biggest oil importer after the U.S., sitting just below their all-time high. | |||||||
| China’s exports tapered off in November after big spikes in September and October raising concerns about sluggish demand in the West for China’s goods. China’s exports grew 2.9% in November,dropping from 11.6% growth in October, and shrinking the monthly trade surplus to $19.6 billion. The value of imports was unchanged from a year-ago. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/italys-monti-plans-to-resign-by-years-end-2012-12-09 | |||||||
| http://www.marketwatch.com/story/oil-rebounds-after-signs-of-stronger-china-demand-2012-12-10 | |||||||
| http://www.marketwatch.com/story/chinas-exports-trade-surplus-disappoint-2012-12-09?dist=lcountdown | |||||||
| For today’s Market Update Report click to listen-> | https://beaconrwa.com/audio/Market-Update-Report.mp3 | ||||||
| Shortlink-> | |||||||