| The KUIK Closing Market Report for Monday, July 21: | |||||||
| Markets were down. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (48) | points | 17,052 | 5:06 PM | ||
| S&P500 | Down | -0.2% | percent | 1,974 | (4.59) | ||
| Nasdaq Composite | Down | -0.2% | percent | 4,425 | (7.44) | ||
| 30 Year Treasury | Down | (3) | Basis Points | 3.26 | Annual Yield | ||
| After a 2.1% loss for gold last week analysts at Bank of America Merrill Lynch who say the worst days for the precious metal may be over. In a note to clients , metals strategist Michael Widmer notes gold prices have stabilized thanks to steady physical demand from emerging markets — China and India absorbing mine and scrap supply — has compensatef for investor selling. In the future that stronger physical demand will increase gold’s price. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://blogs.marketwatch.com/thetell/2014/07/21/the-worst-for-gold-may-be-over-bank-of-america-merrill-lynch/ | |||||||
| For today’s Closing Market Report click to listen-> | |||||||