April 12, 2013

Closing Market Report 4/12/2013

The KUIK Closing Market Report for Friday, April 12:

Markets finished down.

	Direction	Change	Units	Last	Time	Change
Dow	Down	(0)	points	14,865	2:14 PM
S&P500	Down	-0.28%	percent	1,589		(4.52)	points
Nasdaq Composite	Down	-0.16%	percent	3,295		(5.21)	points
30 Year Treasury	Down	(8)	Basis Points	2.92	Annual Yield

The Treasury Department did not label China a currency manipulator today, citing a 16.2% appreciation in real terms in the yuan since June 2010. The Treasury is required to make this judgement twice a year, and China hasn’t been named since 1994.

Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.

http://www.marketwatch.com/story/us-declines-to-name-china-a-currency-manipulator-2013-04-12

For today’s Closing Market Report click to listen->