| The KUIK Closing Market Report for Thursday, May 29: | |||||||
| Markets ended up. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | (42) | points | 16,633 | 6:43 AM | ||
| S&P500 | Up | -0.1% | percent | 1,910 | 5.08 | ||
| Nasdaq Composite | Up | -0.3% | percent | 4,225 | 15.40 | ||
| 30 Year Treasury | Down | (8) | Basis Points | 3.29 | Annual Yield | ||
| In the first quarter, banks’ noninterest income from the sale, securitization and servicing of 1-to-4-family home mortgages fell to $3.5 billion lowest level since the second quarter of 2011 down more than 50% from $7.5 billion in the first quarter of 2013. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://blogs.marketwatch.com/capitolreport/2014/05/28/mortgages-drag-down-bank-earnings-in-first-quarter-fdic/ | |||||||
| For today’s Closing Market Report click to listen-> | |||||||