| The KUIK Morning Market Report for Tuesday, December 10: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (22) | points | 16,006 | 7:04 AM | ||
| S&P500 | Down | -0.10% | percent | 1,807 | (1.74) | ||
| Nasdaq Composite | Down | -0.13% | percent | 4,063 | (5.46) | ||
| 30 Year Treasury | Down | (5) | Basis Points | 3.84 | Annual Yield | ||
| Small-business optimism edged higher in November on plans to increase employment and to expand,. The National Federation of Independent Business said its small-business optimism index rose 0.9 points to 92.5. | |||||||
| Chinese data out today shows a mixed picture of that economy. Industrial output for November rose 10% from 2012, slowing from Octobers 10.3% annual increase but matching the expectations from a Wall Street Journal survey of economists. Retail sales are up 13.7% from November 2012, accelerating from October’s 13.3% rise and beating the forecast 13.3% gain from economists. | |||||||
| The Treasury Department announced it has sold its remaining shares of General Motors, ending another chapter of the financial crisis. The U.S. invested $49.5 billion in GM and received $39 billion back. At one point in 2009, Treasury held 912 million GM shares or 60% of the company’s outstanding stock. | |||||||
| 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-edges-up-2013-12-10 | |||||||
| http://www.marketwatch.com/story/china-industry-slows-growth-but-retail-booms-2013-12-10 | |||||||
| http://www.marketwatch.com/story/treasury-completes-exit-from-gm-2013-12-09?dist=afterbell | |||||||
| For today’s Morning Market Report click to listen-> | |||||||