This is Bill Roller of BR Capital with the KUIK Closing Market Report for Friday, July 13. |
Markets had a big up day today. |
|
Direction |
Change |
Units |
Last |
Time |
|
|
Dow |
Up |
204 |
points |
12,777 |
2:45 PM |
|
|
S&P500 |
Up |
1.65% |
percent |
1,357 |
|
|
|
Nasdaq Composite |
Up |
1.48% |
percent |
2,908 |
|
|
|
30 Year Treasury |
Up |
2.00 |
basis points |
2.58 |
|
|
|
JPMorgan Chase surged to lead gains in the Dow Jones after Chief Executive Jamie Dimon said the bank will have record earnings this year even after reporting a $4.4 billion trading loss from its London office in the second quarter. JPMorgan finished up 6% to $36.07 a share |
China’s economy cooled to its weakest rate of growth since the first quarter of 2009 expanding 7.6% from a year earlier. Growth eased from 8.1% expansion in the first quarter, and matched economists expectations. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/jp-morgan-wells-fargo-lift-financials-2012-07-13 |
http://www.marketwatch.com/story/china-second-quarter-growth-cools-to-76-2012-07-12 |
For today’s Closing Market Report click to listen-> |
https://beaconrwa.com/audio/Closing-Market-Report.mp3 |
Short Link> |
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