Closing Market Report 5/23/2012

This is Bill Roller of BR Capital with the KUIK Closing Market   Report for Wednesday, May, 23
Markets ended mixed today.
Direction Change Units
Dow Down                 (7) points             12,496 2:50 PM
S&P500 Up 0.17% percent               1,319
Nasdaq Composite Up 0.39% percent               2,850
30 Year Treasury Down              (9.8) basis points                 2.79
It was a short honeymoon. Facebook is looking to move its listing to the New York Stock Exchange   in the wake of its rough $16 billion initial public offering on the Nasdaq exchange, according to media reports.  Facebook ended the day up $1 to $32.
Crude oil futures settled below $90 a barrel as speculation for a Greek euro exit fueled expectations for weaker oil demand and lifted the   dollar, and as hopes of a deal between Iran and the International Atomic Energy Agency eased global supply concerns. July crude fell 2.1%, to settle at $89.90 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.marketwatch.com/story/facebook-looks-to-switch-listing-to-nyse-reports-2012-05-23?link=MW_story_latest_news
http://www.marketwatch.com/story/oil-drops-on-iran-deal-greek-concerns-2012-05-23?dist=afterbell
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3
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