| The KUIK Market Update for Thursday, June 18: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 161 | points | 18,097 | 7:19 AM | ||
| S&P500 | Up | 0.76% | percent | 2,116 | 16.05 | ||
| Nasdaq Composite | Up | 1.02% | percent | 5,116 | 51.60 | ||
| 30 Year Treasury | Up | 7 | Basis Points | 3.14 | Annual Yield | ||
| The Labor Department reports that new claims for unemployment benefits fell by 12,000 to 267,000 in the week ended June 13, keeping initial claims near a 15-year low. Economists expected 279,000. Continuing claims fell by 50,000 to 2.22 million in the week ended June 6. | |||||||
| Freddie Mac reports the 30-year fixed rate mortage averaged 4.00 for the week ended June 18, down from last week when it averaged 4.04%. A year ago it averaged 4.17%. The 15-year fixed averaged 3.23%, down from last week’s 3.25%. A year ago it was at 3.30%. | |||||||
| Airbus booked $57 billion worth of deals at this year’s Paris Air Show on commitments for 421 planes, outpacing Boeing ’s deals for 331 jets worth $50.2 billion. Growth in demand in air travel in emerging markets—new orders from airlines in Latin America, the Middle East, China, Indonesia and Vietnam—and low interest rates have helped spur new orders for a wide range of planes from lessors and airlines. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/jobless-claims-drop-12000-to-267000-in-mid-june-2015-06-18 | |||||||
| http://freddiemac.mwnewsroom.com/press-releases/mortgage-rates-improve-from-last-week-s-spike-otcqb-fmcc-1202114 | |||||||
| http://www.marketwatch.com/story/airbus-outpaces-boeing-at-paris-air-show-2015-06-18-81031144 | |||||||
| For today’s Market Update Report click to listen-> | |||||||