| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Tuesday, June, 19 | |||||||
| Markets are up this morning. | |||||||
| Index | Direction | Change | Units | Last | 8:01 AM | ||
| Dow | Up | 115 | points | 12,857 | |||
| S&P500 | Up | 1.04% | percent | 1,359 | |||
| Nasdaq Composite | Up | 1.24% | percent | 2,931 | |||
| 30 Year Treasury | Up | 1.8 | basis points | 2.70 | |||
| Builders broke ground on more single-family houses for a third consecutive month in May and rising construction permits pointed to further gains, showing the residential real-estate market is recovering. The Commerce Department reported work began on 516,000 single family houses at an annual rate last month, up 3.2 percent from April and the most this year. A drop in apartment construction led to an unexpected 4.8 drop in total housing starts. | |||||||
| Stocks are up as the Federal Reserve begins a two-day meeting to decide whether more monetary stimulus is needed for the US economy. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-06-19/housing-starts-in-u-s-fell-4-8-in-may-to-708-000-rate.html | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | http://wp.me/p2lo3H-oL | ||||||