Morning Market Report 5/30/2012

This is Bill Roller of BR Capital with the KUIK Morning Market Report for Wednesday, May, 30
Markets are down this morning.
Index Direction Change Units Last 7:46 AM
Dow Down                   (150) points             12,429
S&P500 Down -1.26% percent               1,316
Nasdaq Composite Down -1.37% percent               2,832
30 Year Treasury Down                     (9.9) basis points               2.74
The National Association of Realtors announced the index of   pending home sales fell in April for the first time in four months. It   dropped 5.5% to 95.5 from a downwardly revised 101.1 in March.
August   Gold fell $11.60, to $1,539.40 an ounce on the Comex division of the New York   Merc.  The Euro is down and the dollar   is up.  Strength in the greenback tends   to pressure demand for dollar-denominated commodities such as gold.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/pending-home-sales-index-declines-in-april-2012-05-30
http://www.marketwatch.com/story/gold-futures-extend-losses-dip-below-1540-2012-05-30?dist=markets
For today’s Morning   Market Report click to listen-> https://beaconrwa.com/audio/Morning-Market-Report.mp3
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