Morning Market Report 1/6/2015

January 6, 2015
The KUIK Morning Market Report for Tuesday, January 6:
Markets are mixed.
Index Direction Change Units Time Change
Dow Up                     21 points           17,523 7:11 AM
S&P500 Up 0.1% percent            2,023             2.45
Nasdaq Composite Down -0.1% percent            4,646            (6.23)
30 Year Treasury Down                      (5) Basis Points              2.55 Annual Yield
Johnson & Johnson announced today it has begun testing its Ebola-virus vaccine in humans and will have more than 400,000 doses available in April. The company said it would produce 2 million treatment rounds of the vaccine this year, with the ability to scale up to 5 million if needed.
European stocks erased early losses, holding near their open of 334. Japan’s Nikkei Average ended down 3% to 16,883, extending a four-day losing streak, for its biggest daily percentage fall since March.
The Commerce Department reports orders for goods produced in U.S. factories fell 0.7% in November, hit by transportation equipment, matching forecasts. Orders for durable goods which products meant to last at least three years,  fell 0.9% in November, compared with a prior estimate of a 0.7% drop.
Crude-oil fell below the $50 a barrel as worries over Greek debt were added to otherf bearish factors, including a global supply glut and a stronger dollar. February crude was off 2.1% to $48.97 a barrel on the New York Merc.  It dropped as low as $48.47.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/johnson-johnson-begins-humans-testing-of-ebola-vaccine-2015-01-06
http://www.marketwatch.com/story/european-stocks-turn-higher-2015-01-06
http://www.marketwatch.com/story/factory-orders-fall-07-in-november-2015-01-06-1091747?link=MW_home_latest_news
http://www.marketwatch.com/story/crude-returns-below-50-as-prices-tick-down-2015-01-06
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