| The KUIK Morning Market Report for Tuesday, December 31: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 23 | points | 16,527 | 7:01 AM | ||
| S&P500 | Up | 0.22% | percent | 1,845 | 4.00 | ||
| Nasdaq Composite | Up | 0.33% | percent | 4,168 | 13.75 | ||
| 30 Year Treasury | Unchanged | – | Basis Points | 3.91 | Annual Yield | ||
| Home prices remained on an upward trend in October, according to the S&P/Case-Shiller home-price report, but price gains may not be as strong in 2014. On an unadjusted basis, both the 10-city and 20-city indexes increased 0.2% in October from September and 1% seasonally adjusted. For the year, they’re up 13.6%. Las Vegas continues to lead gains, with home values up 27.1% year-over-year. San Francisco is second, with prices rising 24.6%. | |||||||
| The Chicago Business Barometer dropped to 59.1% from 63% in November. Economists expected a drop to 61.0%. Any reading above 50 indicates expansion. The index has been above 50 mark for eight straight months. | |||||||
| February gold fell 0.6% yesterday, to trade at $1,196.60 an ounce on the New York Merc. Gold futures have fallen 29% for most active contracts in 2013, for the first annual loss since 2000. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/case-shiller-home-prices-up-but-boom-fading-2013-12-31 | |||||||
| http://www.marketwatch.com/story/chicago-manufacturing-index-declines-in-november-2013-12-31 | |||||||
| http://www.marketwatch.com/story/gold-drops-below-1200-for-nearly-30-2013-loss-2013-12-31 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||