Morning Market Report 4/28/2014

The KUIK Morning Market Report for Monday, April 28:
Markets are mixed.
Index Direction Change Units Last Time Change
Dow Up                     63 points           16,422 6:54 AM
S&P500 Up 0.3% percent             1,868             5.06
Nasdaq Composite Up 0.2% percent             4,082             6.01
30 Year Treasury Up                       2 Basis Points               3.46 Annual Yield
The Nikkei lost 1.3% as the yen rose to nearly ¥102 to the dollar.  The yen is stronger as U.S. and European governments plan to ramp up sanctions against Russia as early as today. Pro-Russian rebels in eastern Ukraine on Sunday paraded Western military observers as hostages. In China, the Shanghai Composite  lost 1.2% after China’s securities regulator announced a resumption of initial public offerings late on Friday, raising concerns that new listings will drain funds from the weak stock market. Hong Kong’s Hang Seng Index lost 0.4%.
Investors  also look ahead to potentially market-moving events later in the week. In Asia, the main piece of economic data will be Chinese manufacturing numbers for April, out Thursday; while in the U.S., investors will be looking ahead to the Federal Reserve’s policy meeting, which concludes Wednesday, and the monthly jobs report on Friday.
Microsoft  said over the weekend that a flaw in Internet Explorer could open up the Web browser to  “limited, targeted attacks” . Microsoft disclosed it was aware of the flaw, which could impact Internet Explorer versions 6 through 11. The security flaw could make a targeted computer run unwanted software following a successful hacking attack. Microsoft shares are up 1% to $40.38
Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/japan-leads-asian-shares-lower-on-ukraine-concerns-2014-04-28
http://www.marketwatch.com/story/japan-leads-asian-shares-lower-on-ukraine-concerns-2014-04-28
http://www.marketwatch.com/story/microsoft-shares-rise-in-wake-of-ie-security-flaw-2014-04-28
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