| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Friday, July, 6. | |||||||
| Markets ended down today. | |||||||
| Direction | Change | Units | |||||
| Dow | Down | (124) | points | 12,772 | 2:49 PM | ||
| S&P500 | Down | -0.94% | percent | 1,355 | |||
| Nasdaq Composite | Down | -1.30% | percent | 2,937 | |||
| 30 Year Treasury | Up | 4.8 | basis points | 2.66 | |||
| The big news today was the disappointing jobs report. The Labor Department reported payrolls rose just 80,000 last month after a 77,000 increase in May. Economists projected a 100,000 gain. | |||||||
| Crude-oil futures extended their losses to a second session, slipping under $85 a barrel as jobs report disappointed and the dollar traded at a two-year high versus the euro. August crude dropped 3.2%, to settle at $84.45 a barrel on the New York Merc. That was oil’s largest one-day percentage loss since June 21. Oil lost 0.6% this week, down for eight out of ten weeks. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-07-06/payrolls-in-u-s-rose-80-000-in-june-jobless-rate-at-8-2-.html | |||||||
| http://www.marketwatch.com/story/crude-retreats-further-before-payrolls-data-2012-07-06 | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | |||||||