| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Thursday, July 12. | |||||||
| Markets are down this morning. | |||||||
| Index | Direction | Change | Units | Last | 8:04 AM | ||
| Dow | Down | (74) | points | 12,534 | |||
| S&P500 | Down | -0.88% | percent | 1,330 | |||
| Nasdaq Composite | Down | -1.39% | percent | 2,848 | |||
| 30 Year Treasury | Down | (2.2) | basis points | 2.57 | |||
| First-time filings for unemployment benefits fell last week to the lowest level in more than four years, but the decline came from fewer auto company layoffs than normal and other onetime factors. Jobless claims sank 26,000 to a seasonally adjusted 350,000 in the week ended July 7, according to the Labor Department. | |||||||
| Crude-oil dropped under $85 a barrel after minutes of the latest U.S. Federal Reserve cut hopes for central-bank stimulus. August crude fell 1.7%, to $84.33 a barrel on the New York Merc. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-jobless-claims-drop-26000-to-350000-2012-07-12 | |||||||
| http://www.marketwatch.com/story/oil-drops-close-to-85barrel-amid-china-worries-2012-07-12 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | |||||||