Morning Market Report 4/13/2012

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