Closing Market Report 6/27/2012

This is Bill Roller of BR Capital with the KUIK Closing Market Report for Wednesday, June, 27
Markets ended up today.
Direction Change Units
Dow Up                       93 points             12,554 2:43 PM
S&P500 Up 0.81% percent               1,326
Nasdaq Composite Up 0.97% percent               2,858
30 Year Treasury Up                      1.0 basis points                 2.77
Chancellor Angela Merkel told Germany’s parliament Wednesday that there is no quick fix   for the euro-zone’s debt crisis and that the introduction of euro bonds at   this stage would be “economically wrong, Joint liability can only happen when sufficient controls are in place,” Merkel said.
Three   major investment firms, Bank of America Merrill Lynch, Barclays Capital and Citigroup, began coverage of the social-networking company Facebook somewhat   cautiously, while the bull case was outlined by Goldman Sachs and lead underwriter Morgan Stanley. Price targets are in the range of $35 to $38 per   share.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/germanys-merkel-no-quick-fix-for-debt-crisis-2012-06-27
http://www.marketwatch.com/story/analysts-both-cautious-and-optimistic-on-facebook-2012-06-27
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3
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