This is Bill Roller of BR Capital with the KUIK Morning Market Report for Thursday, June, 28 |
Markets are down this morning. |
Index |
Direction |
Change |
Units |
Last |
7:48 AM |
|
|
Dow |
Down |
(111) |
points |
12,527 |
|
|
|
S&P500 |
Down |
-1.23% |
percent |
1,316 |
|
|
|
Nasdaq Composite |
Down |
-1.60% |
percent |
2,829 |
|
|
|
30 Year Treasury |
Down |
(4) |
basis points |
2.66 |
|
|
|
JPMorgan Chase tumbled on a report that the lender’s trading losses from credit derivatives may total as much as $9 billion. JPMorgan slumped 3.4 percent after the New York Times said the trading losses may exceed the firm’s initial estimate. |
The Labor Departmet reported applications for unemployment benefits stayed near the highest level of the year last week, showing little improvement in the U.S. labor market. Jobless claims decreased by 6,000 to 386,000 in the week ended June 23, in line with estimates. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.bloomberg.com/news/2012-06-28/u-s-stock-futures-decline-before-european-union-summit.html |
http://www.bloomberg.com/news/2012-06-28/jobless-claims-in-u-s-hovered-last-week-near-2012-high.html |
For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |
Shortlink-> |
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