| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Friday, May, 18 | |||||||
| Markets are up this morning. | |||||||
| Index | Direction | Change | Units | Last | 8:10 AM | ||
| Dow | Up | 35 | points | 12,478 | |||
| S&P500 | Up | 0.37% | percent | 1,310 | |||
| Nasdaq Composite | Up | 0.26% | percent | 2,821 | |||
| 30 Year Treasury | Up | 3.6 | basis points | 2.84 | |||
| Facebook sold 421.2 million shares at $38 each to raise $16 billion. That values the company at $104.2 billion, or 107 times trailing 12-month earnings, Facebook is not yet open for trading. | |||||||
| Oil extended its losses for a sixth day as investors remain concerned about global growth and demand for oil as the euro zone’s debt problems continue. June dropped 0.7%, to $91.92 a barrel on the New York Merc. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-05-18/asian-stocks-won-decline-on-europe-risk-u-s-economic-data.html | |||||||
| http://stream.marketwatch.com/story/markets/SS-4-4/SS-4-2863/ | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | http://wp.me/p2lo3H-l6 | ||||||