Financial Breakfast: Morning News Summary for December 30, 2011

• Anthony Stockholm was the first President of the NYSE.

Benzinga's Top News

• Ford F enters 2012 with plans to further reduce the amount of water used to make vehicles and continue showing efficiency is not only inherent in its vehicle lineup, but also in its manufacturing practices.

Domestic Pre-Market Trading

• U.S. Equity Markets trade higher as Dow futures trade up about 3 points.
• U.S. Dollar trades about 0.1% lower.

Overseas Trading

• European markets are mixed in afternoon trading. Britain's FTSE 100 slid 0.19%, Germany's DAX added 0.26% and France's CAC 40 gained 0.28% on the session.
• Asian stocks ended the session higher. China's Shanghai added 1.22%, Japan's Nikkei 225 gained 0.67%, and Hong Kong's Hang Seng added 0.2%

Upgrades/Downgrades

• DA Davidson upgrades Starbucks SBUX to Buy

• Raymond James downgrades Edenor EDN to Market Perform

On the Economic Calendar

No Major Economic Data Today

Earnings

No Major Earnings this Morning

Corporate News

• Ford F enters 2012 with plans to further reduce the amount of water used to make vehicles and continue showing efficiency is not only inherent in its vehicle lineup, but also in its manufacturing practices.

Commodities

• Precious metals are trading higher, with gold posting gains of about 1.77%
• Energy futures are trading lower, with crude oil posting losses of about 0.22%
• Natural Gas futures are lower by about 1.06% and copper is trading higher by about 1.7%

Benzinga's Morning Radar

Technical Levels for Futures and Forex

Name	Resistance-2	Resistance-1	Mid Pivot	Support-1	Support-2
E-Mini Dow	12325	12269	12174	12118	12023
E-Mini S&P 500	1267	1262	1253	1247	1238
Gold	1583	1565	1544	1526	1505
Crude	100.97	100.40	99.40	98.78	97.73
Natural Gas	3.20	3.11	3.05	2.96	2.91
EUR/USD	1.3033	1.2997	1.2927	1.2890	1.2820
US Dollar Index	81.50	81.15	80.96	80.61	80.42

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