Morning Market Report 12/11/2012 – Beacon Rock Wealth Advisors

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

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