| The KUIK Closing Market Report for Monday, May 5: | |||||||
| Markets ended up. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 18 | points | 16,531 | 2:08 PM | ||
| S&P500 | Up | 0.2% | percent | 1,885 | 3.52 | ||
| Nasdaq Composite | Up | 0.3% | percent | 4,138 | 14.16 | ||
| 30 Year Treasury | Up | 4 | Basis Points | 3.41 | Annual Yield | ||
| A survey by the Federal Reserve of 74 domestic and 23 foreign banks operating in the U.S. shows that banks are holding loan standards steady for prime mortgages and have raised them for nontraditional and subprime loans over the past three months. Demand for mortgage loans is also weaker. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/banks-hold-line-on-mortgage-loans-fed-survey-2014-05-05-1491024 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||