| 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 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||