Closing Market Report 7/31/2012

This is Bill Roller of BR Capital with the KUIK Closing Market Report for Tuesday, July 31.
Markets finished off today.
Direction Change Units  Last Time
Dow Down                    (64) points             13,009 1:46 PM
S&P500 Down -0.4% percent               1,379
Nasdaq Composite Down -0.2% percent               2,940
30 Year Treasury Down                     (0.2) basis points                 2.58
Homeprices declined less than forecast in the year that ended in May, another sign that housing is on the mend.  The S&P/Case-Shiller index of property values in 20 cities decreased 0.7 percent from May 2011, the smallest 12-month fall since September 2010, after dropping 1.8 percent in the year that ended in April.
Microsoft is replacing Hotmail, its Web-based consumer e-mail system, with an expanded version of Outlook.  Microsoft said Outlook.com is available for preview, touting an upgraded Web-based system compatible with mobile devices and social networking.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.bloomberg.com/news/2012-07-31/home-prices-in-u-s-fell-less-than-forecast-in-year-ended-may.html
http://www.marketwatch.com/story/microsoft-replacing-hotmail-with-outlook-2012-07-31?dist=afterbell
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3
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