The KUIK Closing Market Report for Wednesday, August 14: | |||||||
Markets finished up. | |||||||
Direction | Change | Units | Last | Time | Change | ||
Dow | Down | (113) | points | 15,338 | 2:26 PM | ||
S&P500 | Down | -0.52% | percent | 1,685 | (8.77) | ||
Nasdaq Composite | Down | -.41% | percent | 3,669 | |||
30 Year Treasury | Down | (0) | Basis Points | 3.75 | Annual Yield | ||
Household debt in the second quarter fell 0.7%, or $78 billion, to $11.15 trillion, according to the New York Fed, putting debt about 12% below the peak in the third quarter of 2008. In the second quarter, mortgage debt fell 1% to $7.84 trillion, student loan debt rose $8 billion to $994 billion, and auto loan debt rose 2.5% to $814 billion. | |||||||
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
http://www.marketwatch.com/story/household-debt-now-12-below-peak-ny-fed-2013-08-14 | |||||||
For today’s Closing Market Report click to listen-> |