| The KUIK Morning Market Report for Tuesday, May 26: | |||||||
| Markets have opened down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (127) | points | 18,105 | 7:02 AM | ||
| S&P500 | Down | -0.6% | percent | 2,113 | (12.81) | ||
| Nasdaq Composite | Down | -0.8% | percent | 5,049 | (40.55) | ||
| 30 Year Treasury | Down | (4) | Basis Points | 2.95 | Annual Yield | ||
| The S&P/Case-Shiller 20-city composite showed a 0.9% monthly gain for March and a 5% year-on-year gain. San Francisco led, up 3% for the month and 10.3% year-on-year. Portland was up 1.1% for th emonth and 6.9% year-on-year. That was slightly behind Seattle at 2.3% and 7.5%. | |||||||
| The Commerce Department reports orders for U.S.-made durable goods dropped a seasonally adjusted 0.5% in April. Commercial aircarft fell 4% and computer orders dropped 3.4%, partly offsetting a big gain in March. Leaving out autos and aircraft, whose bookings are unpredictable from month to month, orders minus transportation rose 0.5%. That’s the second increase in a row after five straight monthly declines. A key measure of business investment outside the volatile defense and transportation industries rose for the second straight month and posted the strongest back-to-back increase in a year. Core capital-goods orders advanced 1% after a revised 1.5% gain in March. | |||||||
| 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-as-san-francisco-surges-again-2015-05-26 | |||||||
| http://www.marketwatch.com/story/signs-of-revival-in-business-investment-seen-in-april-durable-goods-report-2015-05-26 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||