March 25, 2014

Morning Market Report 3/25/2014

The KUIK Morning Market Report for Tuesday, March 25:

Markets are up.

Index	Direction	Change	Units	Last	Time	Change
Dow	Up	105	points	13,384	7:01 AM
S&P500	Up	0.69%	percent	1,870		12.77
Nasdaq Composite	Up	0.99%	percent	4,268		41.83
30 Year Treasury	Up	4	Basis Points	3.61	Annual Yield

U.S. home prices ticked down 0.1% in January, with 12 of 20 tracked cities posting drops, according to S&P/Case-Shiller’s 20-city composite index. After seasonal adjustments, home prices in January rose 0.8%. On a year-over-year basis, home prices rose 13.2% in January, down from 13.4% in December and a recent peak of 13.7% in November. In a separate report, the Federal Housing Finance Agency reported that prices rose 0.5% on a seasonally adjusted basis in January. It based its home-price gauge on information from mortgages sold or guaranteed by Fannie Mae and Freddie Mac.



Google is hooking up with Luxottica to build frames for its Google Glass smart eyewear. The Italian company should add high-fashion flair to Google. It owns Oliver Peoples, Vogue Eyewear, Ray-Ban, and Oakley.The deal with Luxottica includes distribution as well as design and development. The eyewear specialist has more than 5,000 retail stores in the U.S., including Sunglass Hut



Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.

http://www.marketwatch.com/story/home-prices-decline-for-third-month-in-january-2014-03-25

http://blogs.marketwatch.com/thetell/2014/03/25/google-glass-moves-fashion-forward-with-ray-ban-makeover/


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