| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Wednesday, April, 11 | |||||||
| Markets are up today. | |||||||
| Index | Direction | Change | Units | Last | |||
| Dow | Down | 102 | points | 12,818 | |||
| S&P500 | Up | 0.87% | percent | 1,370 | |||
| Nasdaq Composite | Up | 1.13% | percent | 3,025 | |||
| 30 Year Treasury | Up | 4.8 | basis points | 3.18 | |||
| Alcoa reported an unexpected quarterly profit and the shares are pulling the market up today. The company’s first-quarter net earnings were $94 million, or 9 cents a share and revenue rose slightly to $6 billion from a year-ago. Analysts had expected the company to swing to a loss of 3 cents a share on $5.77 billion in revenue. | |||||||
| May Crude is up 90 cents, to $101.97 a barrel on the New York Merc. The Energy Information Administration said crude supplies rose 2.8 million barrels on the week ended April 6. That compares to expectations of a rise of 1.8 million barrels, and comes after two weeks of large increases. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/alcoa-expected-to-swing-to-loss-after-hours-2012-04-10?dist=afterbell | |||||||
| http://www.marketwatch.com/story/oil-gains-further-after-inventories-report-2012-04-11?dist=markets | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
April 11, 2012