| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Thursday, August 2. | |||||||
| Markets were off today. | |||||||
| Direction | Change | Units | Last | Time | |||
| Dow | Down | (92) | points | 12,879 | 2:56 PM | ||
| S&P500 | Down | -0.7% | percent | 1,365 | |||
| Nasdaq Composite | Down | -0.4% | percent | 2,910 | |||
| 30 Year Treasury | Down | (6.7) | basis points | 2.55 | |||
| The U.S. dollar gained as the euro fell after European Central Bank President Mario Draghi failed to take immediate steps to back up last week’s pledge to do whatever it takes to bolster the euro. Draghi said no countries in the euro zone had asked for support from the European Financial Stability Facility, leaving no ground to take action, but he suggested that the ECB may buy bonds from countries with high yields and that bailout funds should be ready to intervene in bond markets. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/euro-inches-up-on-dollar-before-ecb-meet-2012-08-02 | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | |||||||