| The KUIK Morning Market Report for Monday, November 3: | |||||||
| Markets are mixed. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (16) | points | 17,374 | 7:05 AM | ||
| S&P500 | Up | 0.0% | percent | 2,019 | 0.83 | ||
| Nasdaq Composite | Up | 0.4% | percent | 4,649 | 17.94 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 3.07 | Annual Yield | ||
| Republicans come to the final phase of the 2014 election season with ann edge but Democrats remain close enough to limit losses, according to the latest Wall Street Journal/NBC News poll. Voters prefer Republicans by 46% versus Democrats by 45% to take over full control of Congress. That 1-point gap also separates the two parties among voters in the 10 states with the most competitive Senate races. Republicans already hold a majority in the House, and they need to win a net six seats to take the Senate for the first time since 2006. | |||||||
| the National Association of Realtors says the share of homes sold to first-time buyers dropped to 33% in 2014, lowest in 27 years and down 5% from 2013. First-time buyers have been weak players in the housing market’s rebound, making it tougher for other families to move into a new places. Historically, first-time buyers’ share of home sales is closer to 40%. Rising housing costs and strict mortgage standards are making it tough for young families and other first-time buyers to jump into the market. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/republicans-keep-edge-days-before-election-2014-11-02 | |||||||
| http://www.marketwatch.com/story/first-time-buyers-share-of-home-sales-hits-27-year-low-2014-11-03?link=MW_home_latest_news | |||||||
| For today’s Morning Market Report click to listen-> | |||||||