Morning Call by Greg Secker

The DOW started the session with a push higher off the 12400 level but turned during the session to close down 120 points on the 12300 level. The S&P closed down 15 points and the NASDAQ fell 43 points. The FTSE 100 pushed higher at the open ending the session up 57 points. Futures - DOW is called up 65 points, FTSE is called down 5 points. Oil is trading at $106.80 a barrel and gold is trading at $950.40.