| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Thursday, July 19. | |||||||
| Markets are up this morning. | |||||||
| Index | Direction | Change | Units | Last | 8:08 AM | ||
| Dow | Up | 34 | points | 12,943 | |||
| S&P500 | Up | 0.32% | percent | 1,377 | |||
| Nasdaq Composite | Up | 0.82% | percent | 2,967 | |||
| 30 Year Treasury | Up | 1.4 | basis points | 2.59 | |||
| New jobless claims jumped 34,000 to 386,000 last week. Applications for unemployment benefits are now back to elevated levels after falling two weeks ago to a four-year low, suggesting the labor market remains sluggish. | |||||||
| Sales of existing homes fell 5.4% in June. The National Association of Realtors said sales were a seasonally-adjusted annual rate of 4.37 million, compared to an upwardly revised 4.62 million in May. It blamed the drop on foreclosure delays and tough mortgage standards. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-weekly-jobless-claims-shoot-back-up-2012-07-19?dist=lcountdown | |||||||
| http://www.marketwatch.com/story/sales-of-existing-homes-drop-54-in-june-2012-07-19?dist=lcountdown | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | |||||||