Financial Markets Closing

Published on August 30, 2012, 7:54 pm
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Corporate bond sales globally are approaching busiest August on record as yields are push to lows on investors favoring safer products.

Purchases increased 0.4% in July, the first time in three months, as increase in incomes make up for the jobless rate staying at above 8%.

Spain’s Prime Minister Rajoy said that the nation will delay deciding whether to seek a sovereign bailout following a meeting with the French President. Rajoy also pledged to continue bailing out its regions as Valencia requested more money to cover debt.

DJIA: 13,001 (-0.81%)
S&P500: 1,399 (-0.78%)
Nasdaq: 3,049 (-1.05%)
EuroStoxx: -1.25%
Nikkei: -0.95%
Hang Seng: -1.19%

U.S. retailers, specifically The Gap and Macy’s, posted August same store sales that topped analysts’ estimates on consumers taking advantage of back to school sales.

WTI Crude: 94.65 (-0.88%)
Nat Gas: +2.94%
Copper: +0.13%
Corn: -0.61%

EURUSD: 1.2506 (-0.19%)
DXY Dollar Index: 81.696 (+0.18%)

U.S. 10y: 1.6233% (-2.7bp)
German 10y: 1.322% (-6bp)
Spanish 10y: 6.594% (+13bp)
Italian 10y: 5.787% (+2bp)


Jonas Bronck is the pseudonym under which we publish and manage the content and operations of The Bronx Daily.™ | - the largest daily news publication in the borough of "the" Bronx with over 1.5 million annual readers. Publishing under the alias Jonas Bronck is our humble way of paying tribute to the person, whose name lives on in the name of our beloved borough.