| The KUIK Morning Market Report for Tuesday, September 3: | |||||||
| Markets are up on the delay of military action in Syria.. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 103 | points | 14,913 | 6:57 AM | ||
| S&P500 | Up | 1.02% | percent | 1,650 | 16.63 | ||
| Nasdaq Composite | Up | 1.22% | percent | 3,634 | 43.70 | ||
| 30 Year Treasury | Up | 10 | Basis Points | 3.78 | Annual Yield | ||
| Gold and silver futures are up, with analysts attributing gains in precious metals to upbeat Chinese economic data, upcoming strikes at South African mines and continued tension over Syria. December gold is up 0.2%, to $1,399 an ounce and December silver is up 4. percent to $24.45 an ounce. | |||||||
| Microsoft is buying most of Nokia. The companies said yesterday that Microsoft will pay 3.79 billion euros ($5 billion) to buy “substantially all” of the Nokia business, which includes its smartphone operations. Microsoft will also pay 1.65 billion euros to license Nokia’s patents. Stephen Elop, Nokia’s CEO, and several other executives are joining Microsoft as part of the deal. Elop previously workded for Microsoft. His name is being circulated as possible successor to Steve Ballmer’s who recently announced thathe will retire as CEO within a year, or when the next CEO is chosen. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/gold-futures-pare-losses-after-europe-data-2013-09-02 | |||||||
| http://www.marketwatch.com/story/microsoft-agrees-to-buy-nokias-devices-unit-2013-09-03?siteId= | |||||||
| For today’s Morning Market Report click to listen-> | |||||||