The KUIK Morning Market Report for Monday, November 10: |
Markets are flat. |
Index |
Direction |
Change |
Units |
Time |
Change |
Dow |
Down |
(7) |
points |
17,567 |
7:01 AM |
S&P500 |
Unchanged |
0.0% |
percent |
2,032 |
0.01 |
Nasdaq Composite |
Up |
0.1% |
percent |
4,635 |
2.60 |
30 Year Treasury |
Up |
0 |
Basis Points |
3.05 |
Annual Yield |
China’s export growth slowed to 11.6% annually in October, beating analysts’ expectations, according to China’s General Administration of Customs last Saturday. That was down from September’s 15.3% growth but higher than the 10.0% forecast by economists. Imports rose 4.6% from a year ago, following a 7.0% rise in September. Economists expected a 5.0% rise. |
Oil futures moved higher on that China data, and on reports of renewed fighting in eastern Ukraine around the rebel stronghold of Donetsk. December crude rose 1.4% to $79.72 a barrel on the New York Merc. |
The White House today released a statement urging the free flow of information and ideas on the Internet. In a video , President Obama called on the Federal Communications Commission to “do everything they can to protect net neutrality for everyone. They should make it clear that whether you use a computer, phone or tablet, internet providers have a legal obligation not to block your access to a website.” |
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. |
http://www.marketwatch.com/story/chinas-export-growth-slows-to-116-in-october-2014-11-08 |
http://www.marketwatch.com/story/ukraines-donetsk-suffers-escalation-of-violence-2014-11-09-131035137 |
http://www.marketwatch.com/story/obama-issues-statement-outlining-net-neutrality-goals-2014-11-10 |
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