| The KUIK Morning Market Report for Friday, December 14: | |||||||
| Markets are mixed this morning. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 8 | points | 13,179 | 7:06 AM | ||
| S&P500 | Down | -0.18% | percent | 1,417 | (2.53) | points | |
| Nasdaq Composite | Down | -0.42% | percent | 2,980 | (12.44) | points | |
| 30 Year Treasury | Down | (3) | Basis Points | 2.88 | Annual Yield | ||
| Business conditions for Chinese manufacturers improved further in December, pushing an initial reading of HSBC’s Purchasing Managers’ Index to a 14-month high. HSBC’s flash manufacturing PMI for December came in at 50.9, compared to a final 50.5 for November and 49.5 for October. | |||||||
| After that Purchasing Managers Index was released, Chinese shares jumped to lead Asian markets as the data boosted confidence about a recovery in the world’s second largest economy. The Shanghai Composite Index gained 4.3%. | |||||||
| More purchasing data, this time from Europe. The downturn in the euro-zone economy eased in December, as output in Germany returned to growth for the first time in eight months, according to Markit. The preliminary reading of the euro-zone purchasing managers’ composite output index rose to 47.3 in December from 46.5 in November, marking a nine-month high. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/china-manufacturing-data-show-further-improvement-2012-12-13 | |||||||
| http://www.marketwatch.com/story/asia-stocks-trade-mostly-lower-at-weeks-end-2012-12-13 | |||||||
| http://www.marketwatch.com/story/euro-zone-downturn-eases-in-december-pmi-data-2012-12-14 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | |||||||