| The KUIK Market Update for Friday, December 19: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 39 | points | 17,817 | 7:18 AM | ||
| S&P500 | Up | 0.4% | percent | 2,069 | 7.65 | ||
| Nasdaq Composite | Up | 0.3% | percent | 4,762 | 13.28 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 2.82 | Annual Yield | ||
| Stocks in Japan and Australia led Asia higher for a second day today, as investor confidence is encouraged by expectations the U.S. Federal Reserve is in no rush to raise interest rates. Buying returned to the region despite lingering worries over lower oil prices.The Nikkei Stock Average jumped 2.4% to 17,621.40, while Australia’s S&P/ASX 200 closed up 2.5% to 5,338.60. | |||||||
| The Stoxx Europe 600 Swas off 0.3% at 337.92, down form yesterday’s 3% spike that marked the index’s best daily gain since late November 2011, also encouraged by that Fed policy. | |||||||
| January crude is up 2.6%, to $55.77 a barrel on the New York Merc. Two oil ministers from the United Arab Emirates made comments yesterday confirming the bearish outlook for oil and defending OPEC’s decision to not cut output. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/asian-shares-rise-on-fed-stance-2014-12-19 | |||||||
| http://www.marketwatch.com/story/european-stocks-on-track-for-strongest-week-in-a-year-2014-12-19 | |||||||
| http://www.marketwatch.com/story/oil-prices-rebound-after-overnight-losses-2014-12-19 | |||||||
| For today’s Market Update Report click to listen-> | |||||||