| The KUIK Market Update for Tuesday, November 26: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 21 | points | 16,093 | 7:38 AM | ||
| S&P500 | Up | 0.07% | percent | 1,804 | 1.33 | ||
| Nasdaq Composite | Up | 0.19% | percent | 4,002 | 7.71 | ||
| 30 Year Treasury | Down | (4) | Basis Points | 3.80 | Annual Yield | ||
| U.S. home prices in September grew at the slowest monthly pace since February according to the according to S&P/Case-Shiller 20-city composite index. On a year-over-year basis, home prices grew 13.3% in September, the fastest annual pace since February 2006, though prices remained about 20% below their 2006 peak. On a monthly basis, home prices rose 0.7% in September, the smallest gain since February, as 19 of 20 cities tracked by the index saw lower growth. | |||||||
| The consumer confidence index fell in November to 70.4 from 71.2 from in October, as Americans grew somewhat more worried about future employment and income prospects, the Conference Board said Tuesday. Economists polled by MarketWatch expected a rise to 72.4. The future expectations index slipped to 69.3 from 72.2, and the present situation index dipped to 72.0 from 72.6. “When looking ahead six months, consumers expressed greater concern about future job and earning prospects, but remain neutral about economic conditions,” said Lynn Franco, director of economic indicators at the Conference Board. “All in all, with such uncertainly prevailing, this could be a challenging holiday season for retailers.” | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-home-prices-show-slowing-growth-2013-11-26 | |||||||
| http://www.marketwatch.com/story/consumer-confidence-falls-in-october-2013-11-26 | |||||||
| For today’s Market Update Report click to listen-> | |||||||