| The KUIK Morning Market Report for Tuesday, July 14: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 17 | points | 17,995 | 7:14 AM | ||
| S&P500 | Up | 0.2% | percent | 2,104 | 4.16 | ||
| Nasdaq Composite | Up | 0.4% | percent | 5,091 | 19.24 | ||
| 30 Year Treasury | Down | (1) | Basis Points | 3.20 | Annual Yield | ||
| About 1.3% of all mortgaged homes were in the foreclosure process in May. This is the smallest percentage since the end of 2007, when the downturn started, according to CoreLogic. A year ago, the foreclosure-inventory rate was 1.7%. Foreclosures were completed on about 41,000 homes in May, down 19% from a year earlier and 65% from the peak in 2010. | |||||||
| The prices the U.S. paid for imported goods fell a seasonally adjusted 0.1% in June, for the 11th decline in the past 12 months. Excluding fuel, import prices fell by 0.2%, according to the Labor Department. The price of U.S.-made goods exported to other nations also fell 0.2% in June. In the past 12 months import prices have dropped 10%, mostly because of lower oil and are down a smaller 2.3% excluding without oil. Lower import prices have kept a lid on U.S. inflation, but that also reflects a tepid global economy. | |||||||
| The Shanghai Compositeclosed down 1.2% at 3924.49, giving back some of the gains from a three-day rally. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/homes-least-likely-now-than-at-any-time-since-start-of-great-recession-to-be-in-foreclosure-2015-07-14 | |||||||
| http://www.marketwatch.com/story/us-import-prices-decline-01-in-june-2015-07-14 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||