| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Tuesday, June, 12 |
| Markets had a big up day. |
|
Direction |
Change |
Units |
|
|
|
|
| Dow |
Up |
163 |
points |
12,574 |
2:40 PM |
|
|
| S&P500 |
Up |
1.17% |
percent |
1,324 |
|
|
|
| Nasdaq Composite |
Up |
1.19% |
percent |
2,843 |
|
|
|
| 30 Year Treasury |
Up |
4.8 |
basis points |
2.77 |
|
|
|
|
U.S. stocks rallied on speculation that central bankers could make further moves to stimulate the global economy and as Wall Street tracked events in Europe.
|
| Shares of Zynga tumbled after an analyst warned of declining interest in gaming on Facebook. Zynga fell 10.3% to close at $4.98 in very heavy trading, after Cowen & Company analyst Doug Creutz noted that the company’s daily active users fell by 8.2% in May, in what he described as “the second consecutive significant month-to-month drop.” |
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
| http://www.marketwatch.com/story/us-stocks-come-back-from-mondays-drop-2012-06-12?dist=markets |
| http://www.marketwatch.com/story/zynga-falls-on-ugly-facebook-trend-2012-06-12?dist=markets |
| For today’s Closing Market Report click to listen-> |
https://beaconrwa.com/audio/Closing-Market-Report.mp3 |
| Short Link> |
http://wp.me/p2lo3H-nY |
