This is Bill Roller of BR Capital with the KUIK Closing Market Report for Wednesday, July 25. |
Markets finished mixed today. |
|
Direction |
Change |
Units |
Last |
Time |
|
|
Dow |
Up |
59 |
points |
12,676 |
1:54 PM |
|
|
S&P500 |
Down |
-0.03% |
percent |
1,338 |
|
|
|
Nasdaq Composite |
Down |
-0.31% |
percent |
2,854 |
|
|
|
30 Year Treasury |
Down |
(0.20) |
basis points |
2.47 |
|
|
|
Gambling equipment makers were hurt after the industry’s leader International Game Technology reported a nearly 50% drop in fiscal third-quarter profit and revenue that came up well short of Wall Street expectations, an indication of a slowdown in the gambling industry. IGT also had higher expenses and weakening margins. It dropped 16% to $12.27, a 52-week low. |
Gold futures ended 2% higher, settling at their highest in nearly three weeks as optimism about the euro zone emerged and the dollar declined versus the euro and other major currencies. August Gold rose $31.90 to end at $1,608.10 an ounce, its highest settlement since July 5. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/igt-results-another-ill-wind-for-gambling-industry-2012-07-25 |
http://www.marketwatch.com/story/gold-at-highest-in-nearly-three-weeks-2012-07-25 |
For today’s Closing Market Report click to listen-> |
https://beaconrwa.com/audio/Closing-Market-Report.mp3 |
Short Link> |
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