Closing Market Report 7/11/2012

This is Bill Roller of BR Capital with the KUIK Closing Market Report for Wednesday, July 11.
Markets ended down today.
Direction Change Units  Last Time
Dow Down                    (49) points             12,605 2:49 PM
S&P500 Down 0.00% percent               1,341
Nasdaq Composite Down -0.49% percent               2,888
30 Year Treasury Up                      4.8 basis points                 2.59
More   than 1,000 counties in 26 states are being named natural-disaster areas, the biggest such declaration ever by the U.S. Department of Agriculture, as   drought grips the Midwest. The declaration makes farmers and ranchers in   1,016 counties — about a third of those in the entire country — eligible for low-interest loans to help them weather the drought, wildfires and other disasters.
The   dollar index on Wednesday climbed to its highest level in about two years   after the minutes from the Federal Reserve’s meeting last month showed that   officials did not believe more asset purchases would be necessary to boost   the economy.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.bloomberg.com/news/2012-07-11/usda-declares-disaster-in-26-states-as-drought-sears-midwest.html
http://www.marketwatch.com/story/us-dollar-pulls-back-ahead-of-fed-minutes-2012-07-11
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3
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