| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Monday, July, 2 | |||||||
| Markets ended mixed today. | |||||||
| Direction | Change | Units | |||||
| Dow | Down | (9) | points | 12,871 | 2:46 PM | ||
| S&P500 | Up | 0.25% | percent | 1,366 | |||
| Nasdaq Composite | Up | 0.55% | percent | 2,951 | |||
| 30 Year Treasury | Up | 4.8 | basis points | 2.68 | |||
| The Institute for Supply Management’s manufacturing index fell to 49.7% from 53.5% in May, in the first reading below the 50% line that indicates expansion or contraction since July 2009. The consensus estimate from Marketwatch was for 52.3%. | |||||||
| Microsoft announced it will report a non-cash, non tax-deductible goodwill asset impairment charge of $6.2 billion in connection with its 2007 $6.3 billion acquisition of aQuantive. The charge will be reported in the company’s online services division. Shares of Microsoft were trading down a fraction to $30.56 in late trading. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/manufacturing-activity-shrinks-in-june-ism-says-2012-07-02 | |||||||
| http://www.marketwatch.com/story/microsoft-to-post-62-bln-impairment-charge-2012-07-02?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | |||||||