Closing Market Report 12/24/2013

The KUIK Closing Market Report for Tuesday, December 24:
Markets finished up in a Holiday shortened session.
Direction Change Units  Last  Time Change
Dow Up                     63 points           16,358 10:42 AM
S&P500 Up 0.29% percent             1,833        5.33
Nasdaq Composite Up 0.16% percent             4,155        6.51
30 Year Treasury Up                       6 Basis Points               3.90 Annual Yield
The Commerce Department reported Sales of new single-family homes fell 2.1% last month to a seasonally adjusted annual rate of 464,000, down from a rate of 474,000 in October, which was the fastest pace since July 2008. Rising mortgage rates hit home sales over the summer, but sales have rebounded and were up 31% in the West.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/new-home-sales-decline-21-in-november-2013-12-24
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