| The KUIK Morning Market Report for Monday, November 25: | |||||||
| Markets have opened flat. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 5 | points | 16,070 | 7:03 AM | ||
| S&P500 | Down | 0.00% | percent | 1,805 | (0.09) | ||
| Nasdaq Composite | Down | -0.01% | percent | 3,991 | (0.54) | ||
| 30 Year Treasury | Down | – | Basis Points | 3.83 | Annual Yield | ||
| U.S. stocks pushed higher toward new records this morning, with the Nasdaq Composite above 4,000, as a deal with Iran boosted investors’ appetite for risk and pushed down oil and gold prices. Iran and six global powers reached an agreement over the weekend that’s expected to curb Tehran’s nuclear program and ease trade sanctions. | |||||||
| Services union Ver.di called for strikes at two of Amazon.com’s German locations over wages and benefitstoday, and threatened further action against the online retailer as the year’s busiest shopping season starts. The strikes affect around 1000 workers at Amazon’s Bad Hersfeld and Leipzig sites. Amazon has been a target of repeated strikes this year in Germany, its largest European market. The union wants the company to adopt industry-wide wage agreements for employees in Germany, rather than using its own pay scale. | |||||||
| Wal-Mart today named its international chief, Doug McMillon, as its next chief executive, succeeding retiring Mike Duke. McMillon, age 47, is slated to take over the world’s largest retailer effective Feb. 1, with Duke, age 63, staying on in an advisory role for a year and remaining chairman of the executive committee of the board. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/nasdaq-tops-4000-as-stocks-rise-at-open-2013-11-25?dist=markets | |||||||
| http://www.marketwatch.com/story/amazon-workers-called-on-strike-in-germany-2013-11-25 | |||||||
| http://blogs.marketwatch.com/behindthestorefront/2013/11/25/wal-mart-selects-international-chief-doug-mcmillon-as-next-ceo/?mod=MW_Nav_NV | |||||||
| For today’s Morning Market Report click to listen-> | |||||||