| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Wednesday, May, 23 | |||||||
| Markets are down this morning. | |||||||
| Index | Direction | Change | Units | Last | 8:03 AM | ||
| Dow | Up | 152 | points | 12,351 | |||
| S&P500 | Down | -1.27% | percent | 1,300 | |||
| Nasdaq Composite | Down | -1.22% | percent | 2,804 | |||
| 30 Year Treasury | Down | (10.3) | basis points | 2.79 | |||
| The Commerce Department reported demand for new homes increased more than forecast in April. Purchases rose to a 343,000 annual rate, up 3.3 percent from a revised 332,000 in March. | |||||||
| The World Bank forecasts slower economic expansion for developing nations in East Asia due to weakness in China. It urged governments in the region to look domestically for growth rather than relying on exports. Growth in East Asia will drop to 7.6% this year, cooling from 8.2% in 2011. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/world-bank-sees-china-as-drag-on-emerging-asia-2012-05-23 | |||||||
| http://www.marketwatch.com/story/world-bank-sees-china-as-drag-on-emerging-asia-2012-05-23 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | http://wp.me/p2lo3H-lG | ||||||