Closing Market Report 8/6/2012

This is Bill Roller of BR Capital with the KUIK Closing Market Report for Monday, August 6.
Markets finished up today.
Direction Change Units  Last Time
Dow Up                     21 points             13,118 1:47 PM
S&P500 Up 0.2% percent               1,394
Nasdaq Composite Up 0.7% percent               2,990
30 Year Treasury Down                     (1.6) basis points               2.65
U.S.   banks are relaxing their terms on credit cards as well as lending for autos and commercial real estate, according to a Federal Reserve survey.  Domestic banks, on balance, continued to report having eased their lending standards across most loan types over the past three months.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.bloomberg.com/news/2012-08-06/fed-says-banks-ease-standards-on-business-consumer-loans.html
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3
Short Link>