Closing Market Report 5/16/2014

The KUIK Closing Market Report for Friday, May 16:
Markets finished up.
Direction Change Units  Last Time Change
Dow Up                     44 points           16,491 1:24 PM
S&P500 Up 0.4% percent             1,878        7.01
Nasdaq Composite Up 0.5% percent             4,091      21.30
30 Year Treasury Up                       1 Basis Points               3.35 Annual Yield
Aan analysis from the Federal Reserve Bank of New York concludes that while 30-year-olds both with and without student loans have retreated from the housing market, homeownership rates have declined more for those with student debt . That’s a reversal from the norm, according to an analysis posted on the bank’s Liberty Street Economics blog, using data from the FRBNY Consumer Credit Panel.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/student-loans-preventing-millennials-from-buying-homes-2014-05-15?link=kiosk
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