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. |
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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 |
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For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |
Shortlink-> |
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