| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Thursday, July 26. | |||||||
| Markets had a strong up day. | |||||||
| Direction | Change | Units | Last | Time | |||
| Dow | Up | 212 | points | 12,888 | 1:21 PM | ||
| S&P500 | Up | 1.7% | percent | 1,360 | |||
| Nasdaq Composite | Up | 1.4% | percent | 2,893 | |||
| 30 Year Treasury | Up | 2.3 | basis points | 2.49 | |||
| U.S. stocks rallied, lifting the Dow industrials into positive terrain for the week, after European Central Bank President Mario Draghi suggested that the bank will do everything necessary to preserve the euro including bailing out Spain and Italy. | |||||||
| Facebook reported a net loss for the second quarter, with adjusted results coming in line with Wall Street’s estimates in its first report as a public company. For the period ended June 30, Facebook reported a net loss of $157 million, or 8 cents a share, compared to net income of $240 million, or 11 cents a share, for the same period last year. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-stocks-leap-on-draghi-words-data-2012-07-26?dist=afterbell | |||||||
| http://www.marketwatch.com/story/facebook-swings-to-loss-tops-forecast-2012-07-26 | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | |||||||