This is Mike Elerath of BR Capital with the KUIK Morning Market Report for Monday, July, 2. |
Markets are down this morning. |
Index |
Direction |
Change |
Units |
Last |
|
8:12 AM |
|
Dow |
down |
(67) |
points |
12,813 |
|
|
|
S&P500 |
down |
0.28% |
percent |
1,358 |
|
|
|
Nasdaq Composite |
down |
0.16% |
percent |
2,930 |
|
|
|
30 Year Treasury |
down |
(8) |
basis points |
2.67 |
|
|
|
U. S. stocks declined as data showed manufacturing unexpectedly shrank. The June rally in the S&P 500 Index was the biggest since 1999. DuPont Co. and Caterpillar slumped at least 2 percent to pace losses among large companies. Amylin Pharmaceuticals rallied 9 percent as the company will be purchased by Brisot-Myers Squibb Co. for $5.3 billion in cash. |
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Always serving the West Side first, I am Mike Elerath of BR Capital for AM 1360 KUIK. |
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For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |
Shortlink-> |
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