| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Thursday, June, 7 | |||||||
| Markets ended mixed. | |||||||
| Direction | Change | Units | |||||
| Dow | Up | 46 | points | 12,461 | 1:37 PM | ||
| S&P500 | Down | -0.01% | percent | 1,315 | |||
| Nasdaq Composite | Down | -0.48% | percent | 2,831 | |||
| 30 Year Treasury | Up | 4.8 | basis points | 2.76 | |||
| Stocks lost much of today’s gains after Federal Reserve Chairman Ben Bernanke said the central bank would review the economy before making a decision on further stimulus. The near-neutral finish follows Wall Street’s best session of the year. “ | |||||||
| We’re increasing our debt, but not by much. The Federal Reserve reported U.S. consumers increased their debt in April by a seasonally adjusted $6.5 billion, the smallest increase since last October. This is the eighth-straight monthly gain in consumer borrowing but the increase in April was just more than half of the $11 billion gain expected by economists. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-stocks-lose-most-gains-by-close-dow-up-04-2012-06-07-16911357?dist=markets | |||||||
| http://www.marketwatch.com/story/april-consumer-credit-up-by-lowest-in-6-months-2012-06-07?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | http://wp.me/p2lo3H-nv | ||||||