Closing Market Report 7/24/2015

The KUIK Closing Market Report for Friday, July 24:
Markets were down.
Index Direction Change Units Index Time Change
Dow Down                   (163) points         17,569 1:41 PM
S&P500 Down -1.1% percent           2,080     (22.50)
Nasdaq Composite Down -1.1% percent           5,089     (57.78)
30 Year Treasury Down                      (1) Basis Points            2.97 Annual Yield
Sales of new single-family homes dropped in June to the slowest pace in seven months, according to the Commerce Department.  New single-family homes in the U.S. fell 6.8% last month to  an annual rate of 482,000, with drops in three of four regions. Only the Northeast saw the sales pace rise.Economists expected a June rate of 550,000, compared with May’s final rate 517,000.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/new-homes-selling-at-slowest-pace-in-seven-months-2015-07-24
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