| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Friday, May, 25 | |||||||
| Markets ended off today. | |||||||
| Direction | Change | Units | |||||
| Dow | Down | (75) | points | 12,455 | 2:28 PM | ||
| S&P500 | Down | -0.22% | percent | 1,318 | |||
| Nasdaq Composite | Down | -0.07% | percent | 2,838 | |||
| 30 Year Treasury | Down | (0.1) | basis points | 2.85 | |||
| Spain’s government is ready to inject 19 billion euros into ailing lender Bankia, in what would be the largest bank bailout in the nation’s history. In related news Standard & Poor’s cut Bankia and Banco Popular Espanol to junk status. They were downgraded to BB+ from BBB-. | |||||||
| Markets will be closed Monday in honor of Memorial Day. Have a safe holiday. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/spain-to-bail-out-bankia-with-19-billion-euros-2012-05-25?dist=afterbell | |||||||
| http://www.marketwatch.com/story/sp-downgrades-bankia-banco-popular-to-junk-2012-05-25-1491537?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | http://wp.me/p2lo3H-m5 | ||||||