This is Bill Roller of BR Capital with the KUIK Morning Market Report for Wednesday, July 11. |
Markets are down this morning. |
Index |
Direction |
Change |
Units |
Last |
8:05 AM |
|
|
Dow |
Down |
(34) |
points |
12,618 |
|
|
|
S&P500 |
Down |
-0.06% |
percent |
1,341 |
|
|
|
Nasdaq Composite |
Down |
-0.44% |
percent |
2,890 |
|
|
|
30 Year Treasury |
Up |
0.6 |
basis points |
2.60 |
|
|
|
The trade deficit in the U.S. narrowed in May as falling crude oil prices and weakening demand for consumer goods trimmed the import bill. The gap shrank 3.8 percent to $48.7 billion, in line with estimates, from $50.6 billion in April, according to the Commerce Department. Purchases from abroad fell to the lowest level in three months, while exports climbed to the second- highest on record. |
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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/trade-deficit-in-u-s-narrowed-in-may-as-imports-decreased.html |
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For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |
Shortlink-> |
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