Closing Market Report 10/17/2012

The KUIK Closing Market Report for Wednesday, October 17:
Markets finished up.
Direction Change Units  Last Time Change
Dow Up                       5 points             13,557 1:51 PM
S&P500 Up 0.4% percent               1,461        5.99 points
Nasdaq Composite Up 0.1% percent               3,104        2.95 points
30 Year Treasury Up                       7 Basis Points                 2.99 Annual Yield
The Commerce Department reported Home builders broke new ground in September at the fastest pace in more than four years.  Permits also were also up in a sign that construction is recovering.  New home construction is up 15% to an annual rate of 872,000 last month from a revised 758,000 in August. Economists estimated 770,000.
Serving the West   Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/us-home-construction-surges-in-september-2012-10-17
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3
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