Morning Market Report 6/8/2012

This is Bill Roller of BR Capital with the KUIK Morning Market Report for Friday, June, 8
Markets are mixed this morning.
Index Direction Change Units Last 7:40 AM
Dow Down                      (4) points             12,457
S&P500 Down -0.08% percent               1,314
Nasdaq Composite Up 0.16% percent               2,836
30 Year Treasury Down                     (7.4) basis points               2.68
Crude-oil prices dropped today, and look poised for a small loss for the week.  Federal Reserve Chairman Ben Beranke hinted   that more monetary stimulus was on hold.  That buoyed the dollar.  Traders   are also waiting for Chinese economic data which is due out over the weekend.  July crude is down $1.86, to $82.96 a barrel on the New York Merc, down around 0.2% for the week.
Facebook   introduced a directory of downloadable mobile applications like Apple or   Google.  The service, called App   Center, debuts with 600 apps.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/crude-oil-tumbles-as-dollar-rises-equities-slide-2012-06-08
http://www.bloomberg.com/news/2012-06-08/facebook-introduces-mobile-software-bazaar-with-600-apps.html
For today’s Morning   Market Report click to listen-> https://beaconrwa.com/audio/Morning-Market-Report.mp3
Shortlink-> http://wp.me/p2lo3H-nz