Closing Market Report 5/29/2014

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/
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