| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Friday, June, 29 | |||||||
| Markets are up this morning. | |||||||
| Index | Direction | Change | Units | Last | 7:48 AM | ||
| Dow | Up | 212 | points | 12,814 | |||
| S&P500 | Up | 1.90% | percent | 1,354 | |||
| Nasdaq Composite | Up | 2.24% | percent | 2,913 | |||
| 30 Year Treasury | Up | 8 | basis points | 2.74 | |||
| European stocks rallied after policy makers eased repayment rules for Spanish banks, relaxed conditions for possible aid to Italy and unveiled a $149 billion growth plan for the region’s economy. U.S. index futures and Asian shares also rose. | |||||||
| Nike tumbled after fourth-quarter profit unexpectedly declined for the first time since 2009 as marketing and labor costs increased. Net income in the quarter ended May 31 declined 7.6 percent to $549 million, or $1.17 a share. Analysts expected $1.37 a share. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-06-29/european-stock-futures-surge-after-eu-leaders-ease-rules | |||||||
| http://www.bloomberg.com/news/2012-06-28/nike-profit-trails-estimates-on-increasing-costs.html | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | |||||||