This is Bill Roller of BR Capital with the KUIK Morning Market Report for Monday, July 23. |
Markets are down this morning. |
Index |
Direction |
Change |
Units |
Last |
7:54 AM |
|
|
Dow |
Down |
(161) |
points |
12,661 |
|
|
|
S&P500 |
Down |
-1.43% |
percent |
1,343 |
|
|
|
Nasdaq Composite |
Down |
-1.92% |
percent |
2,869 |
|
|
|
30 Year Treasury |
Down |
(4.5) |
basis points |
2.50 |
|
|
|
Stocks started with losses as worries about Spain and Greece keeping current on their debt sent investors looking for safety. Treasury yields hit new lows and the dollar jumped. Spain’s 10-year bond yields jumped 23 points to 7.5% as government debt extended a selloff. According to news outlet La Opinion Murcia, the Spanish region of Murcia announced it could apply for government bailout funds in September, following Spain’s Valencia region in seeking help. |
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Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/us-stocks-dive-on-spain-greece-fears-2012-07-23?dist=lcountdown |
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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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