| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Monday, July 9. | |||||||
| Markets ended down today. | |||||||
| Direction | Change | Units | |||||
| Dow | Down | (36) | points | 12,736 | 2:24 PM | ||
| S&P500 | Down | -0.16% | percent | 1,352 | |||
| Nasdaq Composite | Down | -0.19% | percent | 2,932 | |||
| 30 Year Treasury | Up | 4.8 | basis points | 2.62 | |||
| Corn futures rose more than 5% as investors worry about drought and high temperatures threatening crops in the Midwest. Corn futures finished up 5.3%, at $7.30 a bushel on the Chicago Board of Trade, after active trading at limit up today. Corn has gained about 15% this month. | |||||||
| Semiconductor stocks headed south, with analysts citing signs of weaker demand and bracing for grim results from the upcoming earnings season. The Philadelphia Semiconductor Index lost 1.2%, leading the tech sector retreat. Intel finished up slightly to 26.17 a share. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/corn-rallies-5-as-near-drought-threatens-midwest-2012-07-09?dist=afterbell | |||||||
| http://www.marketwatch.com/story/chip-stocks-hit-by-emerging-bearish-view-2012-07-09 | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | |||||||