| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Wednesday, June, 6 | |||||||
| Markets had a big up day. | |||||||
| Direction | Change | Units | |||||
| Dow | Up | 287 | points | 12,415 | 1:30 PM | ||
| S&P500 | Up | 2.30% | percent | 1,315 | |||
| Nasdaq Composite | Up | 2.40% | percent | 2,845 | |||
| 30 Year Treasury | Up | 4.8 | basis points | 2.72 | |||
| Nasdaq OMX board approved a plan to compensate broker dealers whose orders were mishandled in Facebook initial public offering, earmarking about $40 million to cover losses. The second-biggest U.S. stock-exchange operator said in a statement today that it would pay about $13.7 million in cash with the rest of the money credited through reduced trading costs for members who suffered losses. The Securities and Exchange Commission must approve the plan. | |||||||
| LinkedIn owner of the world’s biggest professional-networking website, said that it’s looking into unconfirmed reports of stolen passwords. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-06-06/nasdaq-approves-40-million-plan-to-cover-facebook-losses.html | |||||||
| http://www.bloomberg.com/news/2012-06-06/linkedin-is-looking-into-unconfirmed-reports-of-stolen-passwords.html | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | http://wp.me/p2lo3H-nm | ||||||