Closing Market Report 5/30/2012

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