Closing Market Report 8/7/2012

The KUIK Closing Market Report for Tuesday, August 7
markets finished up today.
Direction Change Units  Last Time
Dow Up                     51 points             13,169 1:49 PM
S&P500 Up 0.5% percent               1,401
Nasdaq Composite Up 0.9% percent               3,016
30 Year Treasury Up                      7.3 basis points               2.72
Consumer credit increased less than forecast in June and credit card debt dropped for the second time in three months according to the Federal Reserve.  The $6.5 billion increase was the smallest since October and followed $16.7 billion in May.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.bloomberg.com/news/2012-08-07/consumer-credit-in-u-s-increased-less-than-forecast-in-june.html
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3
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