| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Monday, May, 14 | |||||||
| Markets are down this morning. | |||||||
| Index | Direction | Change | Units | Last | 8:10 AM | ||
| Dow | Down | (124) | points | 12,697 | |||
| S&P500 | Down | -0.93% | percent | 1,341 | |||
| Nasdaq Composite | Down | -0.85% | percent | 2,909 | |||
| 30 Year Treasury | Down | (7.5) | basis points | 2.94 | |||
| Fears are growing that Greece will soon be ousted from the euro zone in a face off with its international creditors. Greece’s inability to form a new coalition government has spooked financial markets as euro-zone finance ministers prepare to meet in Brussels. | |||||||
| Crude oil had a big drop. Saudi Arabia’s oil minister Ali al-Naimi who said oil prices were too high and European benchmark Brent crude should trade at $100 a barrel. July Brent Crude currently trades around $110 per barrel. June Crude is down 2.1%, to $94.09 a barrel on the New York Merc, its lowest level since mid December. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/fears-of-greece-eu-exit-rattle-markets-2012-05-14 | |||||||
| http://www.marketwatch.com/story/oil-slips-lower-after-saudi-minister-comments-2012-05-14 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | http://wp.me/p2lo3H-jY | ||||||