| The KUIK Morning Market Report for Tuesday, March 31: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (101) | points | 17,875 | 7:00 AM | ||
| S&P500 | Down | -0.4% | percent | 2,077 | (8.82) | ||
| Nasdaq Composite | Down | -0.4% | percent | 4,927 | (20.76) | ||
| 30 Year Treasury | Unchanged | – | Basis Points | 2.56 | 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 was just released. It 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. | |||||||
| According to Goldman Sachs, the world has about 20 years’ worth each of known minable reserves of gold, diamonds, and zinc. Platinum, copper, and nickel reserves only have about 40 years or less left. “The combination of very low concentrations of metals in the Earth’s crust, and very few high-quality deposits, means some things are truly scarce,” Eugene King, European metals and mining analyst at Goldman Sachs, wrote in a recent research note. | |||||||
| 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/in-20-years-the-world-may-run-out-of-minable-gold-2015-03-30?dist=markets | |||||||
| For today’s Morning Market Report click to listen-> | |||||||