The KUIK Morning Market Report for Monday, December 30: |
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Markets are flat. |
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Index |
Direction |
Change |
Units |
Last |
Time |
Change |
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Dow |
Up |
7 |
points |
16,485 |
6:59 AM |
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S&P500 |
Down |
-0.09% |
percent |
1,840 |
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(1.69) |
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Nasdaq Composite |
Down |
-0.26% |
percent |
4,146 |
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(10.90) |
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30 Year Treasury |
Down |
(2) |
Basis Points |
3.92 |
Annual Yield |
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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. |
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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. |
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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. |
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Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
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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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For today’s Morning Market Report click to listen-> |
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