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 |
Shortlink-> |
http://wp.me/p2lo3H-oC |