| The KUIK Market Update for Tuesday, August 25: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 250 | points | 16,128 | 7:37 AM | ||
| S&P500 | Up | 1.9% | percent | 1,929 | 35.41 | ||
| Nasdaq Composite | Up | 2.5% | percent | 4,639 | 113.20 | ||
| 30 Year Treasury | Up | 11 | Basis Points | 2.83 | Annual Yield | ||
| U.S. house prices rose 1% in June, reflecting sales are up and the supply of properties for sale is down, according to the S&P Case-Shiller 20-city composite index. But prices are off 0.1% on a seasonally adjusted basis. Prices nationally are 5% from June 2014. Portland was up 1.5% in June and up 7.8% year-on-year. That beat Seattle up 1.1% for June and 7.4% year-on-year. | |||||||
| Consumer confidence rose in August to the highest level since January and the second highest level since the end of the recession. the Conference Board reports the consumer confidence index climbed to 101.5 from a revised 91.0 in July. Economists expected 94.0. The present situation index rose to a postrecession high because of an improving labor market. Future expectations also increased. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/home-prices-rise-1-in-june-sp-case-shiller-shows-2015-08-25 | |||||||
| http://www.marketwatch.com/story/us-consumer-confidence-soars-in-august-2015-08-25 | |||||||
| For today’s Market Update Report click to listen-> | |||||||