Morning Market Report 6/4/2012

This is Bill Roller of BR Capital with the KUIK Morning Market Report for Monday, June, 4
Markets are mixed this morning.
Index Direction Change Units Last 7:44 AM
Dow Down                    (22) points             12,097
S&P500 Down -0.24% percent               1,275
Nasdaq Composite Up 0.11% percent               2,751
30 Year Treasury Up                      2.6 basis points               2.57
The Commerce Department reported orders for goods produced in U.S. factories decreased 0.6% in April. Economists expected a 0.1% rise. Factory orders fell a revised 2.1% in March, down from a prior estimate of a 1.5% drop. Orders   for durable goods – products meant to last at least three years – were flat   in April and nondurable goods dropped 1.1%.
Gold futures are holding steady, following their biggest one-day advance since August on Friday.  August Gold for August is up $4 to $1,624.50 an ounce in electronic trading on the Comex division of the New York Merc.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/april-us-factory-orders-decline-06-2012-06-04
http://www.marketwatch.com/story/gold-futures-extend-rally-in-asian-trading-2012-06-04
For today’s Morning   Market Report click to listen-> https://beaconrwa.com/audio/Morning-Market-Report.mp3
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