This is Bill Roller of BR Capital with the KUIK Morning Market Report for Tuesday, July 24. |
Markets are down this morning. |
Index |
Direction |
Change |
Units |
Last |
8:15 AM |
|
|
Dow |
Down |
(91) |
points |
12,639 |
|
|
|
S&P500 |
Down |
-0.65% |
percent |
1,342 |
|
|
|
Nasdaq Composite |
Down |
-0.42% |
percent |
2,878 |
|
|
|
30 Year Treasury |
Down |
(1.8) |
basis points |
2.50 |
|
|
|
Manufacturing activity in China for July was its strongest since February. The HSBC preliminary China Purchasing Managers’ Index rose to 49.5 out of 100, but is up from the final PMI reading of 48.2 in June. |
Moody’s yesterday cut its outlook on Germany’s triple-A credit rating to negative from stable, citing risks as European policy makers respond to an increasingly dangerous euro-zone debt crisis. Moody’s also downgraded to the Netherlands and Luxembourg, leaving only Finland with a stable outlook. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/hsbc-china-manufacturing-pmi-495-vs-482-2012-07-23-2391532 |
http://www.marketwatch.com/story/moodys-core-warning-flags-yield-chasing-risks-2012-07-24?dist=lcountdown |
For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |
Shortlink-> |
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