| The KUIK Market Update for Tuesday, March 31: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (60) | points | 17,918 | 8:09 AM | ||
| S&P500 | Down | -0.2% | percent | 2,082 | (4.54) | ||
| Nasdaq Composite | Down | -0.3% | percent | 4,935 | (12.21) | ||
| 30 Year Treasury | Down | (3) | Basis Points | 2.53 | Annual Yield | ||
| U.S. house prices were unchanged in January, according to the S&P/Case-Shiller 20-city composite. Portland was up 0.1% for January and up 7.2% from January 2014., and Seattle was down 0.5% for January and up 6.8% for the year. | |||||||
| The Chicago Purchasing Managers Index rose to 46.3 in March up from 45.8 in February according to MNI Indicators. That keeps it below 50 indicating contraction for the second month in a row. | |||||||
| The consumer confidence index climbed to 101.3% in March from an upwardly revised 98.8 in February according to the Conference Board. Economists expected 96.9. The present situation index which measures current conditions fell slightly but the future expectations index increased to 96.0 from 90. Lynn Franco, director of economic indicators at the Conference Board said “This month’s increase was driven by an improved short-term outlook for both employment and income prospects; consumers were less upbeat about business conditions.” | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/city-by-city-look-at-house-prices-san-francisco-stumbles-san-diego-climbs-2015-03-31 | |||||||
| http://www.marketwatch.com/story/chicago-pmi-edges-up-to-463-in-march-2015-03-31 | |||||||
| http://www.marketwatch.com/story/us-consumer-confidence-surges-in-march-on-short-term-outlook-2015-03-31 | |||||||
| For today’s Market Update Report click to listen-> | |||||||