| The KUIK Morning Market Report for Tuesday, March 26: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 94 | points | 14,541 | 6:58 AM | ||
| S&P500 | Up | 0.57% | percent | 1,561 | 8.91 | points | |
| Nasdaq Composite | Up | 0.47% | percent | 3,250 | 15.08 | points | |
| 30 Year Treasury | Up | 3 | Basis Points | 3.17 | Annual Yield | ||
| The Commerce Department reports durable-goods orders climbed 5.7% last month to a seasonally adjusted $232.1 billion after a revised 3.8% drop in January. Economists polled by MarketWatch forecast a 4.6% gain, largely because of a snapback in bookings for Boeing commercial jets. Orders outside of transportation fell 0.5% to mark the first decline in six months. with mst of the decrease was concentrated in fabricated metals (-4.4%), heavy machinery (-2.2%) and network-communications equipment (-7.6%). | |||||||
| The S&P/Case-Shiller 20-city composite index nudged up 0.1% to take the year-on-year gain to 8.1%. The level is the highest since Sept. 2010, and the growth rate is the strongest since June 2006. Prices rose by 1% in January on a seasonally adjusted basis. | |||||||
| The good news on durable goods pushed up oil prices. May crude rose 85 cents, or nearly 1%, to $95.67 a barrel on the New York Merc after tapping a high above $95. Yesterday, crude settled at $94.81, which was the highest since Feb. 20 and on top of a $1.26 advance on Friday. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/orders-for-big-ticket-us-goods-jump-57-2013-03-26 | |||||||
| http://www.marketwatch.com/story/us-home-price-growth-at-six-year-high-2013-03-26 | |||||||
| http://www.marketwatch.com/story/oil-prices-higher-after-durable-goods-data-2013-03-26 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||