| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Friday, April, 13 | |||||||
| Markets have opened on the down side. | |||||||
| Index | Direction | Change | Units | Last | |||
| Dow | Down | (88) | points | 12,899 | |||
| S&P500 | Down | -0.83% | percent | 1,376 | |||
| Nasdaq Composite | Down | -1.08% | percent | 3,022 | |||
| 30 Year Treasury | Down | (5.4) | basis points | 3.15 | |||
| China’s first-quarter economic growth cooled to its slowest pace in 11 quarters due weak export growth and sluggish construction activity. Analysts see it as a to a gradual slowing. Gross domestic product grew 8.1% on an annual basis in the January to March period, according to the National Bureau of Statistics, below analysts’ expectations of an 8.3% expansion. | |||||||
| The cost of insuring Spanish government debt against usinig credit default swaps, hit an all-time high Friday as worries mounted over the country’s banking sector. The spread on five-year Spanish swaps widened to 505 basis points from 476 basis points yesterday. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/china-gdp-growth-cools-to-81-below-estimates-2012-04-12 | |||||||
| http://www.marketwatch.com/story/spain-default-insurance-costs-hit-record-2012-04-13?link=MW_home_latest_news | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||