The KUIK Closing Market Report for Tuesday, June 11: |
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Markets finished mixed. |
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|
Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Down |
(117) |
points |
15,239 |
1:49 PM |
|
|
S&P500 |
Down |
-1.02% |
percent |
1,626 |
|
(16.68) |
points |
Nasdaq Composite |
Down |
-1.06% |
percent |
3,474 |
|
(36.82) |
points |
30 Year Treasury |
Down |
(4) |
Basis Points |
3.33 |
Annual Yield |
|
|
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J.P. Morgan Chase credit rating outlook was revised to negative by Standard & Poor’s. S&P reduced the outlook on the likelihood that government support for the largest American banks was waning. J.P. Morgan’s rating was reduced from stable, bringing it in line with several other banks, including Goldman Sachs and Bank of America. |
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Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://www.marketwatch.com/story/jp-morgan-credit-outlook-cut-by-sp-2013-06-11?dist=afterbell |
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For today’s Closing Market Report click to listen-> |
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