| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Thursday, July, 5. | |||||||
| Markets ended mixed today. | |||||||
| Direction | Change | Units | |||||
| Dow | Down | (47) | points | 12,897 | 2:05 PM | ||
| S&P500 | Down | -0.47% | percent | 1,368 | |||
| Nasdaq Composite | Unchanged | 0.00% | percent | 2,976 | |||
| 30 Year Treasury | Up | 4.8 | basis points | 2.72 | |||
| Retailers posted the worst June sales in three years. Total June sales at stores open at least a year — a metric that strips out the impact of new and closed stores — rose 0.1%, missing the 0.5% gain Wall Street expected. That was the smallest pace since sales declined in August 2009, according to Thomson Reuters. | |||||||
| Mortgage rates are at record lows, with the 30-year fixed-rate mortgage average falling to 3.62% in the week ending July 5 from 3.66% in the prior week, Freddie Mac said in its weekly report. The rate was 4.60% a year earlier. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/retailers-post-disappointing-june-sales-2012-07-05?dist=afterbell | |||||||
| http://www.marketwatch.com/story/30-year-mortgage-rate-falls-to-record-low-of-362-2012-07-05-1091010?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | |||||||