| The KUIK Morning Market Report for Tuesday, December 11: | |||||||
| Markets are up this morning. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 57 | points | 13,227 | 6:46 AM | ||
| S&P500 | Up | 0.5% | percent | 1,425 | 6.77 | points | |
| Nasdaq Composite | Up | 0.8% | percent | 3,010 | 23.14 | points | |
| 30 Year Treasury | Up | 3 | Basis Points | 2.83 | Annual Yield | ||
| People are feeling better in Germany. The ZEW economic expectations index, a gauge of German investor sentiment, rose more sharply than expected in December, according to the Mannheim-based Center for European Economic Research. The index rose to 6.9 versus a reading of minus 15.7 in November. Economists had forecast a reading of minus 11.3. | |||||||
| The Commerce Department reports the U.S. trade deficit increased 4.9% in October to $42.2 billion, as imports of crude oil rose and American exports of manufactured goods fell to the lowest level in nearly a year. Imports of foreign goods into the U.S. declined by 2.1% to almot $223 billion in October, but exports fell by 3.6% to $180 billion to account for the wider trade gap. | |||||||
| Lawmakers return to Washington today amid a potential thaw in the U.S. fiscal policy dispute, as President Barack Obama and House Speaker John Boehner attempt to make a deal to prevent spending cuts and tax increases from taking effect. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/german-zew-expectations-index-sees-unexpected-jump-2012-12-11 | |||||||
| http://www.marketwatch.com/story/us-trade-deficit-rises-49-to-422-billion-2012-12-11 | |||||||
| http://www.bloomberg.com/news/2012-12-11/u-s-fiscal-dispute-shows-sign-of-thaw-before-deadline.html | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | |||||||