| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Monday, April, 30 | |||||||
| Markets are off this morning. | |||||||
| Index | Direction | Change | Units | Last | 8:02 AM | ||
| Dow | Down | (35) | points | 13,196 | |||
| S&P500 | Down | -0.48% | percent | 1,397 | |||
| Nasdaq Composite | Down | -0.57% | percent | 3,052 | |||
| 30 Year Treasury | Down | (1.6) | basis points | 3.10 | |||
| The Institute for Supply Management said its Chicago Purchasing Manager’s index decreased to 56.2 in April from 62.2 in March. This was lower than the most pessimistic forecast in a Bloomberg survey. Readings greater than 50 indicate growth. Economists projected the gauge would fall to 60. | |||||||
| Following last week’s downgrade of Spanish government debt, Standard & Poor’s cut ratings on 11 Spanish banks, including the largest–Banco Santander. S&P also placed on CreditWatch negative most banks in Spain that weren’t already on CreditWatch. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-04-30/chicago-purchasing-managers-index-decreased-in-april.html | |||||||
| http://www.marketwatch.com/story/sp-bank-move-data-piles-pressure-on-spain-2012-04-30 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||