July 11, 2012

Morning Market Report 7/11/2012

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.

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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