| The KUIK Market Update for Tuesday, August 4: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | S | Time | Change | ||
| Dow | Down | (25) | points | 17,573 | 8:03 AM | ||
| S&P500 | Down | -0.1% | percent | 2,096 | (1.73) | ||
| Nasdaq Composite | Down | -0.2% | percent | 5,103 | (12.51) | ||
| 30 Year Treasury | Up | 2 | Basis Points | 2.88 | Annual Yield | ||
| CoreLogic released its June 2015 CoreLogic Home Price Index which shows that home prices nationwide, including distressed sales, increased by 1.7%, and is up 6.5% from June 2014. By state Colorado was #1 at 9.8%, and Washington was #2 at 8.9%. Louisiana was the worst at -0.4%. Oregon was #6 at 7.9%. Without distressed sales it was up 8.2% | |||||||
| Sales of virtual-reality devices are expected to reach 14 million units in 2016 as the industry gets more mainstream attention and Facebook starts selling its Oculus Rift consumer headset, according to a new report from industry tracker TrendForce. The company expects virtual reality, not smart watches, to ultimately lead the adoption of smart wearables, with initial interest and adoption spawned by videogames. Entertainment companies, including Disney, Samsung, and Sony are already promoting virtual-reality games and videos. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.multivu.com/players/English/71280542-corelogic-june-2015-hpi/ | |||||||
| http://www.marketwatch.com/story/virtual-reality-not-watches-to-lead-wearable-market-2015-08-04?dist=lcountdown | |||||||
| For today’s Market Update Report click to listen-> | |||||||