| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Monday, June, 25 | |||||||
| Markets had a big down day. | |||||||
| Direction | Change | Units | |||||
| Dow | Down | (138) | points | 12,503 | 1:30 PM | ||
| S&P500 | Down | -1.60% | percent | 1,314 | |||
| Nasdaq Composite | Down | -1.94% | percent | 2,836 | |||
| 30 Year Treasury | Up | 4.8 | basis points | 2.68 | |||
| Demand for new U.S. homes rose more than forecast in May as mortgage rates dropped, bolstering the residential real-estate market while other parts of the world’s largest economy cool. Purchases climbed to a 369,000 annual rate, the most since April 2010 and up 7.6 percent from April. The number of houses on the market held near a record low. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-06-25/sales-of-new-homes-in-u-s-increased-to-two-year-high-in-may.html | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | |||||||