Closing Market Report 7/24/2012

This is Bill Roller of BR Capital with the KUIK Closing Market Report for Tuesday, July 24.
Markets finished down today.
Direction Change Units  Last Time
Dow Down                   (104) points             12,617 2:18 PM
S&P500 Down -0.90% percent               1,338
Nasdaq Composite Down -0.94% percent               2,863
30 Year Treasury Down                    (4.60) basis points               2.47
Apple   posted a sharp gain in earnings for its third fiscal quarter which it reported after the close, but the company missed Wall Street’s targets as   sales of the iPhone fell 26% from the previous period.  Apple shipped 26 million iPhone units   during the June quarter, but analysts expected 28 million units shipped. The company gave a lower-than-expected forecast for the September quarter.  Shares of Apple are down more than 5% in late trading.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/apple-misses-estimates-as-iphone-sales-fall-2012-07-24?dist=afterbell
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3
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