| The KUIK Morning Market Report for Tuesday, October 27: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (57) | points | 17,565 | 6:43 AM | ||
| S&P500 | Down | -0.3% | percent | 2,064 | (6.92) | ||
| Nasdaq Composite | Down | -0.1% | percent | 5,031 | (3.52) | ||
| 30 Year Treasury | Down | (5) | Basis Points | 2.85 | Annual Yield | ||
| U.S. home prices rose 0.4% in August to stretch year-on-year gains to 5.1%, according to the S&P/Case-Shiller 20-city composite. Eighteen out of 20 cities reported monthly gains. After seasonal adjustments, five were down, 11 were up, and four were unchanged. Portland had the strongest monthly gain up 1.1% and is up 9.4% for the year. Seattle was up 0.3% for the month and 7.6% for the year. | |||||||
| The Commerce Department reports orders for durable goods fell a seasonally adjusted 1.2% in September on softness in the manufacturing sector. The dip was smaller than the 2.3% drop forecast by economists, but orders for August were revised lower falling 3% instead of the reviesed 2.3%. Autos were up 1.8% but commercial aicraft orders fell 35.7%, however. Taking out transportation, durable-goods orders fell 0.4%. But orders minus defense fell 2%. | |||||||
| 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-as-denver-surge-continues-2015-10-27 | |||||||
| http://www.marketwatch.com/story/durable-goods-orders-fall-12-in-september-marks-second-straight-drop-2015-10-27 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||