Morning Market Report 6/22/2012

This is Bill Roller of BR Capital with the KUIK Morning Market Report for Friday, June, 22
Markets are down this morning.
Index Direction Change Units Last 7:07 AM
Dow Up                     84 points             12,658
S&P500 Up 0.57% percent               1,333
Nasdaq Composite Up 0.69% percent               2,879
30 Year Treasury Up                      3.0 basis points                 2.72
The euro turned back up on Friday against the dollar after the European Central Bank said it would accept a broader range of assets as collateral for loans.
Germany’s Ifo index of business confidence hit a two-year low in June as concerns about   the euro-zone debt crisis continued to weigh on sentiment.  that shows that the German economy, long   Europe’s growth driver, will probably stall or shrink in the second quarter, confirming that Germany is no longer immune to the troubles impacting its neighbors.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/euro-turns-up-after-ecb-eases-collateral-rules-2012-06-22
http://www.marketwatch.com/story/ifo-gauge-of-german-business-sentiment-declines-2012-06-22
For today’s Morning   Market Report click to listen-> https://beaconrwa.com/audio/Morning-Market-Report.mp3
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