| The KUIK Market Update for Tuesday, September 29: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 50 | points | 16,052 | 7:58 AM | ||
| S&P500 | Up | 0.5% | percent | 1,891 | 9.28 | ||
| Nasdaq Composite | Up | 0.6% | percent | 4,570 | 26.46 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 2.88 | Annual Yield | ||
| Home prices were up 0.6% nationwide in August according to the S&P/Case-Shiller 20-city composite. Portland rose 1.3% for August and 8.5% for the year. That beat Seattle up 0.5% for the month and 7.3% for the year. Since the March 2012 lows, the 20-city composite has climbed 35.7%, but it’s still down 12% from 2008 bubble-level highs. | |||||||
| The consumer confidence index increased to 103.0 up from a revised 101.1 in August, according to the Conference Board. That’s the highest leve since January, when consumer confidence touched an eight-year high. Economists expected the index to fall to 96.0, partly because of fresh worries aboutthe world economy. The present situation index climbed to an eight-year high while the expectations index fell slightly, suggesting Americans are more cautious about the next six months. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/city-by-city-look-at-us-house-prices-in-july-2015-09-29 | |||||||
| http://www.marketwatch.com/story/stoxx-europe-600-heads-for-lowest-close-since-january-2015-09-29 | |||||||
| http://www.marketwatch.com/story/consumer-confidence-improves-in-september-2015-09-29?dist=lcountdown | |||||||
| For today’s Market Update Report click to listen-> | |||||||