| The KUIK Closing Market Report for Friday, June 19: | |||||||
| Markets were down. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (102) | points | 18,014 | 7:58 AM | ||
| S&P500 | Down | -0.5% | percent | 2,110 | (11.25) | ||
| Nasdaq Composite | Down | -0.3% | percent | 5,117 | (15.95) | ||
| 30 Year Treasury | Down | (8) | Basis Points | 3.06 | Annual Yield | ||
| The Labor Department reports average housing rents in May were up 3.5% from a year earlier, while a gauge for overall consumer prices showed no growth. Annual inflation for rents has been running faster than overall consumer-price growth for three years. Many U.S. families are unwilling or unable to buy a home, plunging homeownership to the lowest rate in a quarter of a century and giving landlords pricing power. Portland, Denver and Seattle all have an apartment-occupancy rate above the national average. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/rent-inflation-shows-no-signs-of-letting-up-2015-06-18 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||