Europe shrugs off the Greek vote and returns to Spain and Italy worries as the FTSEurofirst manages a
slight gain of .3%. The Greek market looked as it should with banking shares jumping 13%.

The Spanish IBEX sank .9% and the Italian FTSEMIB dropped .8%. The biggest concern being that Spanish
bank’s bad loans rose to 8.72% of its outstanding portfolio for April.

Microsoft and Barnes & Noble are to announce a strategic partnership to build a tablet/e-reader say
sources at TechCrunch.

Commodities are mixed before the opening with crude and gold slightly down and Natural gas and silver
in the green.

Contributer Chris Rygh is currently pursuing his MBA in Wisconsin and has a passion for the Market.
Comments can be directed to ryghcw19@uww.edu