| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Monday, July 23. | |||||||
| Markets finished down today. | |||||||
| Direction | Change | Units | Last | Time | |||
| Dow | Down | (101) | points | 12,722 | 2:49 PM | ||
| S&P500 | Down | -0.89% | percent | 1,351 | |||
| Nasdaq Composite | Down | -1.20% | percent | 2,890 | |||
| 30 Year Treasury | Down | (3.10) | basis points | 2.52 | |||
| Moody’s Investors Service lowered the outlook on Germany’s triple-A rating to negative from stable due to mounting uncertainties from the euro debt crisis. Moody’s also downgraded the outlooks on the Netherlands and Luxembourg and affirmed Finland’s triple-A rating. The rating company cited the possibility of Greece’s exit from the euro zone and the impact that would have on Spain and Italy. | |||||||
| Oil ended lower as concerns about Europe rocked markets and raised doubts about demand for crude. September crude fell 4%, to $88.14 a barrel on the New York Merc. That was the lowest settlement for oil since July 13. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/moodys-lowers-outlook-on-germany-to-negative-2012-07-23?dist=afterbell | |||||||
| http://www.marketwatch.com/story/oil-extends-loss-as-stocks-sell-off-2012-07-23 | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | |||||||