Morning Market Report 6/18/2012

This is Bill Roller of BR Capital with the KUIK Morning Market Report for Monday, June, 18
Markets are mixed this morning.
Index Direction Change Units Last 8:10 AM
Dow Down                    (14) points             12,756
S&P500 Down -0.12% percent               1,341
Nasdaq Composite Up 0.24% percent               2,880
30 Year Treasury Down                     (1.6) basis points               2.68
In Greek elections, the pro bailout New Democracy party won, so Greece will stay in the Euro for now, but now investor attention turns to Spain and Italy.
The yield on Spain’s 10-year government bond rose to a euro-era high above 7% for the first time, hurting Spanish stocks which dropped   2.3%.  The yield surged 30 basis points in the afternoon to 7.14%. The yield on Italy’s 10-year government bond jumped 14 basis points to 6.07%.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/greek-election-result-calms-europe-for-now-2012-06-17?link=MW_story_popular
http://www.marketwatch.com/story/spains-10-yr-bond-yield-shoot-above-7-2012-06-18
For today’s Morning   Market Report click to listen-> https://beaconrwa.com/audio/Morning-Market-Report.mp3
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