The KUIK Closing Market Report for Thursday, May 29: |
Markets ended up. |
Direction |
Change |
Units |
Last |
Time |
Change |
Dow |
Up |
66 |
points |
16,699 |
1:27 PM |
S&P500 |
Up |
0.5% |
percent |
1,920 |
10.25 |
Nasdaq Composite |
Up |
0.5% |
percent |
4,248 |
22.87 |
30 Year Treasury |
Up |
2 |
Basis Points |
3.30 |
Annual Yield |
The National Association of Realtors reports that pending home sales in April was down 9.2% from a year earlier, hit by few homes available for sale and pricier properties. The West was the worst, with pending sales down 15% from a year ago, and down 12% in the Northeast, 6.9% in the Midwest and 6.4% in the South. |
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://blogs.marketwatch.com/capitolreport/2014/05/29/broad-based-weakness-seen-in-gauge-of-upcoming-u-s-home-sales/ |
For today’s Closing Market Report click to listen-> |
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