| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Monday, April, 30 | |||||||
| Markets were up today. | |||||||
| Direction | Change | Units | |||||
| Dow | Down | (15) | points | 13,214 | 2:20 PM | ||
| S&P500 | Down | -0.39% | percent | 1,398 | |||
| Nasdaq Composite | Down | -0.74% | percent | 3,046 | |||
| 30 Year Treasury | Down | (0.6) | basis points | 3.11 | |||
| The rate of American homeownership fell to the lowest level in 15 years in the first quarter as borrowers lost homes to foreclosure, and tighter inventory and credit kept new buyers off the market. The rate dropped to 65.4 percent from 66 percent in the fourth quarter and down a full percentage point from a year earlier, according to the Census Bureau. That is the lowest level since the first quarter of 1997, and down from a record 69.2 percent in June 2004. | |||||||
| Shares Barnes & Noble. jumped 70% after the bookstore operator announced a technology partnership with Microsoft which puts it better position to compete against Amazon and Apple. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-04-30/homeownership-rate-in-u-s-falls-to-lowest-since-1997.html | |||||||
| http://www.marketwatch.com/story/barnes-noble-shares-soar-on-microsoft-deal-2012-04-30?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||