The KUIK Morning Market Report for Monday, August 20: |
It is a down day. |
Index |
Direction |
Change |
Units |
Last |
Time |
|
|
Dow |
Down |
(21) |
points |
13,255 |
8:06 AM |
|
|
S&P500 |
Down |
-0.3% |
percent |
1,414 |
|
|
|
Nasdaq Composite |
Down |
-0.4% |
percent |
3,065 |
|
|
|
30 Year Treasury |
Down |
(1.7) |
basis points |
2.92 |
|
|
|
The bank deposits loan gap is growing the fastest in two years, softening a bond market sell-off. The Federal Reserve reported deposits increased 3.3 percent to $8.9 trillion in the two months ended July 31. Business lending rose only 0.7 percent to $7.1 trillion. |
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Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.bloomberg.com/news/2012-08-20/banks-use-1-77-trillion-to-double-treasury-purchases.html |
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For today’s Morning Market Report click to listen-> |
https://beaconrwa.com/audio/Morning-Market-Report.mp3 |
Shortlink-> |
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