| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Friday, April, 27 | |||||||
| Markets were up today. | |||||||
| Direction | Change | Units | |||||
| Dow | Up | 24 | points | 13,228 | 1:15 PM | ||
| S&P500 | Up | 0.24% | percent | 1,403 | |||
| Nasdaq Composite | Up | 0.61% | percent | 3,069 | |||
| 30 Year Treasury | Down | (2.0) | basis points | 3.12 | |||
| Standard & Poors cut Spain’s sovereign debt rating to BBB+ from A with a negative outlook. The ratings agency said the downgrade reflected a deterioration in the country’s “budget deficit trajectory” and the “increasing likelihood” the government will need to provide further fiscal support to a banking sector crippled by the collapse of a property bubble. | |||||||
| June Crude was up 0.4%, to settle at $104.93 a barrel on the New York Merc. The settlement was oil’s best since April 2 and brought weekly gains for oil to 1%. Other energy products also had a good week, with natural-gas futures up 8.5% on the five-day period. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/sp-reminds-that-all-remains-unwell-with-spain-2012-04-27 | |||||||
| http://www.marketwatch.com/story/oil-edges-lower-looks-at-weekly-gains-2012-04-27?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||