| The KUIK Morning Market Report for Tuesday, November 27: | |||||||
| Markets opened down this morning. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (14) | points | 12,954 | 7:07 AM | ||
| S&P500 | Down | -0.1% | percent | 1,405 | (1.09) | points | |
| Nasdaq Composite | Down | -0.2% | percent | 2,972 | (4.76) | points | |
| 30 Year Treasury | Up | 0 | Basis Points | 2.80 | Annual Yield | ||
| U.S. home prices rose in September for the sixth straight month, showing that the housing market is recovering according to the S&P/Case-Shiller home-price index. The 20-city composite posted a 0.3% increase in September to reach the highest level in two years, following a 0.8% gain in August. Home prices are up 3% from September 2011. | |||||||
| The Commerce Department says bookings for U.S. durable goods leveled off in October, mainly because of slack demand for autos and aircraft and a drop in defense orders. Leaving out defense and transportation, core capital orders jumped 1.7% last month, the strongest gain since May. | |||||||
| The Conference Board reported consumer confidence rose in November to its best reading in more than four years, as hope for the jobs market buoys sentiment. The consumer confidence index rose to 73.7 in November from 73.1 in October and the best level since February 2008. Economist expected 72.2. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-housing-in-midst-of-recovery-case-shiller-2012-11-27 | |||||||
| http://www.marketwatch.com/story/us-durable-goods-orders-flat-in-october-2012-11-27-8103548 | |||||||
| http://www.marketwatch.com/story/consumer-confidence-reaches-post-recession-peak-2012-11-27 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | |||||||