This is Bill Roller of BR Capital with the KUIK Closing Market Report for Wednesday, May, 30 |
Markets ended off today. |
|
Direction |
Change |
Units |
|
|
|
|
Dow |
Down |
(161) |
points |
12,420 |
2:27 PM |
|
|
S&P500 |
Down |
-1.43% |
percent |
1,313 |
|
|
|
Nasdaq Composite |
Down |
-1.17% |
percent |
2,837 |
|
|
|
30 Year Treasury |
Down |
(12.4) |
basis points |
2.72 |
|
|
|
Internet sales tax is coming to Amazon. New Jersey Governor Chris Christie announced a deal with Amazon today. Amazon will start collecting sales tax as of July 1, 2013, on orders placed by New Jersey residents through its website, and will seek state financial help if it chooses to open a warehouse in the state. |
Sames store sales numbers will be released tomorrow. According to Thomson Reuters, analysts are expecting May same-store sales to climb only 2% compared with 5.4% for the same period in 2011. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.bloomberg.com/news/2012-05-30/amazon-to-collect-n-j-sales-tax-under-agreement-lawmaker-says.html |
http://www.marketwatch.com/story/retailers-seen-posting-modest-sales-growth-2012-05-30?link=MW_Nav_NV |
For today’s Closing Market Report click to listen-> |
https://beaconrwa.com/audio/Closing-Market-Report.mp3 |
Short Link> |
http://wp.me/p2lo3H-mA |