Market Update Report 11/29/2016

The KUIK Market Update for Tuesday, November 29:
 
Markets are up.
 
Index Direction Change Units   Time    
Dow Up                     14  points            19,112 8:01 AM    
S&P500 Up 0.2% percent             2,206      
Nasdaq Composite Up 0.4% percent             5,389      
30 Year Treasury Up                       1 Basis Points               2.99 Annual Yield    
 
The S&P/Case-Shiller 20-City index was up 0.1% in the three months ending in September, and is 5.1% higher than a year ago.  The Pacific Northwest led, with Seattle 11% higher than a year ago, and Portland up 10.9%, though Spetember’s gains moderated with Seattle flat and Portland up 0.1%.
 
President-elect Trump has chosen top officials for health-care policy, picking House Budget Committee Chairman Tom Price (R., Ga.) as secretary of Health and Human Services. He is a 62-year-old former orthopedic surgeon who led the effort to create a Republican alternative to the Affordable Care Act. Mr. Trump also named Seema Verma, a consultant who helped Vice president elect Mike Pence negotiate a Medicaid deal with the Obama administration, as the head of the Centers for Medicare and Medicaid Services.
 
The Conference Board reports the consumer-confidence index rose to 107.1, the highest level since July 2007. Economists expected 102 in November, up from October’s revised 100.8 .
 
 
 
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
 
http://www.marketwatch.com/story/national-home-prices-hit-new-all-time-highs-in-september-case-shiller-says-2016-11-29
http://www.marketwatch.com/story/donald-trump-selects-obamacare-critic-tom-price-as-health-secretary-2016-11-29
http://www.marketwatch.com/story/consumer-confidence-in-november-jumps-to-highest-level-since-2007-2016-11-29
 
 
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