Morning Market Report 6/30/2015

The KUIK Morning Market Report for Tuesday, June 30:
Markets are up after yesterday’s big sell off.
Index Direction Change Units Time Change
Dow Up                       89  points           17,685 6:57 AM
S&P500 Up 0.4% percent            2,067             8.94
Nasdaq Composite Up 0.6% percent            4,986            27.17
30 Year Treasury Up                         2 Basis Points              3.12 Annual Yield
Greece’s government is considering a last-minute deal with its creditors in search of more favorable financing terms, as the country nears the expiration of its European bailout program tonight and default on loan repayments to the International Monetary Fund. Athens “is taking initiatives in order to end the impasse,” said one Greek official. The European Commission confirmed today that its president, Jean-Claude Juncker, had approached Greek Prime Minister Alexis Tsipras on last night about a sweetened financing offer that would require the Greek government to campaign in favor of the creditors’ in the country’s July 5 bailout referendum.
U.S. house prices rose 1.1% in April, supported by the spring sales market, with gains in all the cities tracked by the Case-Shiller 20-city composite index. Prices rose 0.3% on a seasonally adjusted basis. Home prices in April were up 4.9% from a year earlier, slightly below March’s 5% annual growth.  Portland is 1.7% for the month and 7.1% from a year ago.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/greek-debt-crisis-athens-considers-last-minute-bid-to-secure-a-deal-2015-06-30
http://www.marketwatch.com/story/city-by-city-look-at-house-prices-as-seattle-jumps-2015-06-30
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