Morning Market Report 5/21/2012

This is Bill Roller of BR Capital with the KUIK Morning Market Report for Monday, May, 21
Markets are up this morning.
Index Direction Change Units Last 8:05 AM
Dow Up                102 points             12,472
S&P500 Up 1.04% percent               1,309
Nasdaq Composite Up 1.26% percent               2,814
30 Year Treasury Up                 3.0 basis points                 2.82
Facebook founder Mark Zuckerburg got married last Friday, but   the markets honeymoon with Facebook stock may already be over. The shares have broken through their   initial public offering price of $38 and currently trade at. $33.38 a share.  The low of the day was $33.00.
In   the “we’re not sure if this is good news or bad news department” Smith & Wesson said its preliminary fourth-quarter sales of $129 million exceeded its forecast of $113 to $118 million. Firearm backlog orders grew to $439 from $252 million.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/smith-wesson-sales-beat-company-view-2012-05-21
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