The KUIK Morning Market Report for Monday, December 30: | |||||||
Markets are flat. | |||||||
Index | Direction | Change | Units | Last | Time | Change | |
Dow | Up | 7 | points | 16,485 | 6:59 AM | ||
S&P500 | Down | -0.09% | percent | 1,840 | (1.69) | ||
Nasdaq Composite | Down | -0.26% | percent | 4,146 | (10.90) | ||
30 Year Treasury | Down | (2) | Basis Points | 3.92 | Annual Yield | ||
The Nikkei Average was up 0.7%, ending the year 57% higher than it started, making Japan by far the best-performing market in Asia, outpacing the region’s developing markets, which have recorded either losses or only small gains in 2013. China had a rocky 2013: The Shanghai Composite is trading 7.6% lower so far this year, making it the region’s worst-performing market. | |||||||
The market is waiting on pending home sales. That’s the number of contracts Americans signed to buy previously-owned homes. Economists estimate they rose 1 percent in November, which would be the first monthly gain since May. | |||||||
Gold and silver futures are down, with both metals looking to end the year with losses of 29% and 36%, respectively. February gold is off 0.8%, to $1,204.30 an ounce on the New York Merc and March silverfell 2%, to $19.65 an ounce. | |||||||
Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
http://www.marketwatch.com/story/asia-stocks-mostly-rise-japan-ends-year-on-sweet-note-2013-12-29 | |||||||
http://www.bloomberg.com/news/2013-12-30/u-s-stock-futures-little-changed-twitter-extends-slump.html | |||||||
http://www.marketwatch.com/story/gold-futures-drop-adding-to-annual-losses-2013-12-30 | |||||||
For today’s Morning Market Report click to listen-> |
December 30, 2013