| The KUIK Morning Market Report for Tuesday, November 17: | |||||||
| Markets are mixed. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (13) | points | 17,471 | 7:06 AM | ||
| S&P500 | Down | 0.0% | percent | 2,053 | (0.69) | ||
| Nasdaq Composite | Down | 0.0% | percent | 4,984 | (0.73) | ||
| 30 Year Treasury | Up | 1 | Basis Points | 3.08 | Annual Yield | ||
| October’s consumer price index posted the first increase in three months, but overall U.S. inflation remained low according to the Labor Department. The CPI rose a seasonally adjusted 0.2%. From October 2014 to October 2015, consumer inflation has risen only 0.2%. Energy prices rose an adjusted 0.3% and food edged up 0.1%, the smallest gain in five months. Excluding food and energy, core consumer prices rose 0.2%. Over the past 12 months core prices have climbed only 1.9%. Inflation-adjusted hourly wages advanced 0.2% in October and have climbed 2.4% in the past 12 months. | |||||||
| The National Association of Home Builders/Wells Fargo housing market index for November fell 3 points from October’s upwardly-revised reading of 65. Economists expected 64 where readings abover 50 signal improvement. Current conditions and expectations for the next six months both fell, while buyer traffic rose slightly. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/consumer-price-index-rises-in-october-for-first-time-in-3-months-2015-11-17 | |||||||
| http://www.marketwatch.com/story/home-builer-sentiment-retreats-in-november-2015-11-17 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||