| 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 | ||||||