| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Wednesday, June, 20 | |||||||
| Markets finished flat today. | |||||||
| Direction | Change | Units | |||||
| Dow | Down | (13) | points | 12,824 | 2:13 PM | ||
| S&P500 | Down | -0.17% | percent | 1,356 | |||
| Nasdaq Composite | Up | 0.02% | percent | 2,930 | |||
| 30 Year Treasury | Up | 4.8 | basis points | 2.72 | |||
| The Fed reported it sees little progress on unemployment through the rest of the year. Fed officials lowered their estimate for 2012 gross domestic product growth to between 1.9 and 2.4 percent from 2.4 to 2.9 percent in April. The Fed will expand its program to replace short-term bonds with longer-term debt by $267 billion through the end of 2012 to “put downward pressure on longer-term interest rates and help to make broader financial conditions more accommodative,” the Federal Open Market Committee said today. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-06-20/u-s-stock-futures-are-little-changed-rim-p-g-decline.html | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | http://wp.me/p2lo3H-oW | ||||||