Closing Market Report 4/17/2012

This is Bill Roller of BR Capital with the KUIK Closing Market   Report for Tuesday, April, 17
Markets had a big up day.
Direction Change Units
Dow Up              194 points            13,116
S&P500 Up 1.55% percent              1,391
Nasdaq Composite Up 1.82% percent              3,043
30 Year Treasury Up               4.1 basis points              3.16
Spanish   banks will set aside a total of 53.8 billion euros ($71 billion) to meet new   rules on real estate, the Bank of Spain said, as it pledged to tighten   vigilance over lenders struggling to recover from the Spanish real estate   bubble.
President Obama urged Congress to increase federal supervision   of oil markets, including bigger penalties for manipulation.  He is asking for a six-fold increase for   surveillance and enforcement staff at the Commodity Futures Trading   Commission and new authority for it to raise margin requirements.  The plan is given little chance of passing   the GOP controlled house.
Always serving the   West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.bloomberg.com/news/2012-04-17/bank-of-spain-says-banks-to-provision-29-1-billion-euros.html
http://www.bloomberg.com/news/2012-04-17/obama-will-call-on-congress-to-increase-oil-market-regulation.html
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3