Financial Markets Closing

Jonas Bronck

Published on August 29, 2012, 7:39 pm

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US GDP’s grew at a 1.7% annual rate from April through June, up from an initial estimate of 1.5%. Stated in its Beige Book survey that the U.S. economy continues to expand “gradually.”

Scotiabank to buy ING Direct for $3.16 Billion to increase retail deposits.

Barclays faces U.K. criminal probe over fees it paid Qatar’s sovereign wealth fund in 2008 as it sought to raise money and avoid a government bailout.

Equities:
DJIA: 13,107 (+0.03%)
S&P500: 1,410 (+0.08%)
Nasdaq: 3,081 (+0.13%)
EuroStoxx: -0.32%
Nikkei: +0.40%
Hang Seng: -0.12%

Lyondellbasell to replace Sears in S&P500 after September 4^th close.

Commodities:
WTI Crude: 95.49 (+0.90%)
Nat Gas: -1.50%
Copper: -0.79%
Corn: -0.66%

FX:
EURUSD: 1.253 (-0.28%)
DXY Dollar Index: 81.551 (+0.22%)

Rates:
U.S. 10y: 1.6506% (+1.7bp)
German 10y: 1.38% (+4bp)
Spanish 10y: 6.463% (-1.5bp)
Italian 10y: 5.769% (-6bp)

Publisher

Jonas Bronck is the pseudonym under which we publish and manage the content and operations of The Bronx Daily.™ | Bronx.com - 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.