| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Tuesday, July 10. | |||||||
| Markets ended down today. | |||||||
| Direction | Change | Units | Last | Time | |||
| Dow | Down | (83) | points | 12,653 | 1:45 PM | ||
| S&P500 | Down | -0.81% | percent | 1,341 | |||
| Nasdaq Composite | Down | -1.00% | percent | 2,902 | |||
| 30 Year Treasury | Up | 4.8 | basis points | 2.59 | |||
| The U.S. dollar extended gains, pushing the euro to a two-year low, after Italy’s prime minister and a Germa court added to uncertainty about the euro-zone’s rescue fund. Italy’s prime minister Mario Monti said he couldn’t rule out the country needing to tap the region’s bailout fund in the future, according to Dow Jones. And Germany’s Federal Constitutional Court, which heard arguments regarding a challenge to the country’s participation in funding the permanent European Stability Mechanism, reportedly said the ruling could take up to three months. A decision wasn’t expected on Tuesday, but the ESM was supposed to become operational on July 1. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/euro-back-below-123-after-eurogroup-china-data-2012-07-10 | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | |||||||