Morning Call by Knowledge to Action

The DOW fell at the open trading down to the 12350 level where it found some support to put in a small rally at the closed but still finished down 100 points at the 12400 level. The S&P fell 8 points and the NASDAQ closed down 11 points. The FTSE 100 traded sideways for most of the session but did put in a rally to the close to end the session up 50 points. Futures - DOW is called up 10 points, FTSE is called down 35 points. Oil is trading at $124.37 a barrel and gold at $882.80.