Morning Market Report 12/12/2012

The KUIK Morning Market Report for Wednesday, December 12:
Markets are up this morning.
Index Direction Change Units Last Time Change
Dow Up                     36 points             13,283 7:00 AM
S&P500 Up 0.3% percent               1,431               3.62 points
Nasdaq Composite Up 0.1% percent               3,025               2.78 points
30 Year Treasury Up                         2 Basis Points               2.86 Annual Yield
Small-business optimism plunged in November in the wake of President Barack Obama’s re-election, according to data released yesterday by the National Federation of Independent Business.  Its index of sentiment among small firms fell 5.6 points at 87.5. The survey found that 49% of small-business owners expect future business conditions to be worse than current conditions.
Shares of Intel  rallied to lead the tech sector higher early Wednesday. Intel was up 1.5% at $20.96, emerging as one of the top gainers in the Dow. The chipmaker yesterday announced a new Atom   chip for micro-servers aimed at the data center market.
The U.S. dollar slipped versus most major currencies as traders expect the Federal Reserve to announce a further boost to its stimulus   efforts when the central bank’s policy-making panel concludes its meeting later today.
Serving the West   Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/nfib-small-business-optimism-index-plunges-2012-12-11
http://www.marketwatch.com/story/intel-amd-lead-tech-rally-seagate-slips-2012-12-12\
http://www.marketwatch.com/story/euro-straddles-130-ahead-of-fomc-decision-2012-12-12
For today’s Morning   Market Report click to listen-> https://beaconrwa.com/audio/Morning-Market-Report.mp3
Shortlink->