Morning Market Report 5/29/2012

This is Bill Roller of BR Capital with the KUIK Morning Market Report for Tuesday, May, 29
Markets are up this morning.
Index Direction Change Units Last 7:50 AM
Dow Up                150 points             12,605
S&P500 Up 1.27% percent               1,335
Nasdaq Composite Up 1.48% percent               2,879
30 Year Treasury Down                (0.2) basis points               2.84
The Confidence Board reported the consumer-confidence index fell to 64.9 in May the lowest level since January from a revised 68.7 in April. The prior estimate for April was for 69.2.
U.S. home prices were unchanged in March but remained at a   post-recession low, according to the S&P/Case-Shiller 20-city composite index. The flat reading breaks a streak of five consecutive declines. Five of   the 20 cities in gauge — Atlanta, Chicago, Las Vegas, New York and Portland — hit new lows. Yet that was fewer than the nine cities that set new lows in   February.
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/consumer-confidence-falls-in-may-2012-05-29
http://www.marketwatch.com/story/home-prices-flat-in-march-case-shiller-2012-05-29
For today’s Morning Market Report click to listen-> https://beaconrwa.com/audio/Morning-Market-Report.mp3
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