April 16, 2012

Closing Market Report 4/16/2012

This is Bill Roller of BR Capital with the KUIK Closing Market Report for Monday, April, 16
Markets ended mixed today.
	Direction	Change	Units
Dow	Up	72	points	12,921
S&P500	Down	-0.05%	percent	1,370
Nasdaq Composite	Down	-0.76%	percent	2,988
30 Year Treasury	Down	(3.4)	basis points	3.11
Shares of Apple and Google fell today, leading a tech-sector retreat. Apple fell 4.2% to close at $580.13, while Google slid 3% to close at $606.07. For Apple, it’s the worst one-day loss since Oct. 19.
The euro rebounded Monday after briefly trading below the $1.30 level for the first time since January as Spanish government-bond yields rose on renewed worries about the country’s growth prospects and its ability to meet deficit-reduction targets.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/apple-google-lead-techs-lower-2012-04-16?link=MW_story_latest_news
http://www.marketwatch.com/story/dollar-extends-gains-into-new-week-2012-04-16
For today’s Closing Market Report click to listen->			https://beaconrwa.com/audio/Closing-Market-Report.mp3