Morning Market Report 12/30/2013

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
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