Closing Market Report 3/9/2015

The KUIK Closing Market Report for Monday, March 9:
Markets were up.
Index Direction Change Units Index Time Change
Dow Up                    139 points           17,996 1:36 PM
S&P500 Up 0.4% percent             2,079        8.17
Nasdaq Composite Up 0.3% percent             4,942      15.07
30 Year Treasury Down                      (4) Basis Points               2.80 Annual Yield
The New York Federal Reserve Bank’s monthly survey found that consumers expect 3% annual home-price growth. That’s the lowest level since the survey’s start in July 2013, and down from the 3.4% expected in January. Expectations have slowed for the third straight month, and are below 2014’s  average of 3.8%. Here in the West, the strongest region expectations fell to 4% down from 4.8% in January.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/home-price-expectations-are-cooling-survey-finds-2015-03-09
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