Morning Market Report 8/6/2012

This is Bill Roller of BR Capital with the KUIK Morning Market Report for Monday, August 6.
Markets are up this morning.
Index Direction Change Units Last Time
Dow Up                     80 points             13,175 7:12 AM
S&P500 Up 0.57% percent               1,399
Nasdaq Composite Up 0.78% percent               2,991
30 Year Treasury Down                     (2.7) basis points               2.64
Best Buy shares rallied 19% to $21.04 after founder and former chairman Richard   Schulze offered to take the electronics retailer private buying the 80% of the electronics retailer he doesn’t already own for $24 to $26 a share. .
Prices on U.S. Treasurys edged higher with yields down, as investors considered the likelihood of Spain formally requesting financial   aid in coming days. On Friday, Spanish Prime Minister Mariano Rajoy said he needed to know what the conditions were for the aid before making a request.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/us-stocks-extend-last-weeks-gains-2012-08-06
http://www.marketwatch.com/story/treasurys-edge-up-as-investors-eye-spain-2012-08-06
For today’s Morning   Market Report click to listen-> https://beaconrwa.com/audio/Morning-Market-Report.mp3
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