Closing Market Report 5/15/2012

This is Bill Roller of BR Capital with the KUIK Closing Market Report for Tuesday, May, 15
Markets finished down today.
Direction Change Units
Dow Down              (63) points            12,632 2:20 PM
S&P500 Down -0.57% percent              1,331
Nasdaq Composite Down -0.30% percent              2,894
30 Year Treasury Down             (1.8) basis points                2.93
European stocks ended down, as worries about Greece’s political uncertainty and position in the euro overshadowed data showing that Germany’s economy grew in the first quarter.  The pan-European Stoxx 600 index  dropped 0.7% to 245.76, a new closing low for the year. In Athens, the ASE Composite slumped 3.6% to 562.88, while the euro dropped 0.5% against the dollar to $1.2764. The losses came as the Greek Socialist leader Evangelos Venizelos   said the country was heading for new elections after talks between parties to form a coalition government failed.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/german-gdp-fuels-rise-for-european-stocks-2012-05-15
For today’s Closing Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3
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