| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Thursday, June, 7 | |||||||
| Markets are up this morning. | |||||||
| Index | Direction | Change | Units | Last | 7:48 AM | ||
| Dow | Up | 80 | points | 12,495 | |||
| S&P500 | Up | 0.31% | percent | 1,319 | |||
| Nasdaq Composite | Up | 0.05% | percent | 2,846 | |||
| 30 Year Treasury | Up | 2.8 | basis points | 2.75 | |||
| Consumer confidence in the U.S. rose for the third straight week as measures of personal finance and the buying climate improved. The Bloomberg Consumer Comfort Index increased to minus 37.6 in the week ended June 3 from minus 39.3 the week before. It has climbed 6 points since reaching a four-month low in mid May. | |||||||
| In a surprise to markets, China ’s Central Bank cut its benchmark lending rate by a quarter percent. The cut caught economists and the markets by surprise, and could signal China’s economy is slowing faster than previously thought. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-06-07/consumer-comfort-in-u-s-increases-for-third-consecutive-week.html | |||||||
| http://www.cnbc.com/id/47719664 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | http://wp.me/p2lo3H-nq | ||||||