Morning Market Report 12/10/2012

The KUIK Morning Market Report for Monday, December 10:
Markets are up this morning.
Index Direction Change Units Last Time Change
Dow Up                     23 points             13,178 6:55 AM
S&P500 Up 0.0% percent               1,418               0.25 points
Nasdaq Composite Up 0.3% percent               2,987               8.85 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.
The White House and Republican House Speaker John Boehner met   Sunday to discuss the fiscal cliff as some top Republicans signaled they are   giving up their opposition to higher tax rates.  The White House and the speaker’s office   said that communication lines remained open but declined to offer more   detail.
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.
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/obama-boehner-resumed-fiscal-cliff-talks-report-2012-12-10
http://www.marketwatch.com/story/oil-rebounds-after-signs-of-stronger-china-demand-2012-12-10
For today’s Morning   Market Report click to listen-> https://beaconrwa.com/audio/Morning-Market-Report.mp3
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