Closing Market Report 6/11/2012

This is Bill Roller of BR Capital with the KUIK Closing Market Report for Monday, June, 11
Markets ended with a big down day.
Direction Change Units
Dow Down                   (143) points             12,411 2:30 PM
S&P500 Down -1.26% percent               1,309
Nasdaq Composite Down -1.70% percent               2,810
30 Year Treasury Up                      4.8 basis points               2.72
It was a volatile day on Wall Street. The Dow was up 96 points in the morning based on news that the Spanish government was going to put 100 Billion Euros   into shoring up its banks.  Crude fell under $83 a barrel; held steady against other global currencies and Treasury yields fell, with the benchmark 10-year down to 1.589%.
The   Apple Developer conference kicked off today. Apple’s keynote address demonstrated software updates and some tweaks to its MacBook line but overall met   expectations. Apple confirmed reports that it has developed its own mapping app for the iPhone and iPad, giving Google maps the boot.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/us-stocks-gain-on-spains-bid-for-banks-2012-06-11?dist=afterbell
http://www.marketwatch.com/story/apple-offers-no-big-surprises-at-wwdc-2012-06-11?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-nM