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The KUIK Market Update for Friday, March 23: |
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Markets are up. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
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Dow Jones Industrial Average |
Up |
106 |
points |
24,094 |
8:11 AM |
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S&P500 |
Up |
0.2% |
percent |
2,649 |
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Nasdaq Composite |
Up |
0.7% |
percent |
7,167 |
(1.50) |
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30 Year Treasury |
Up |
1 |
Basis Points |
3.08 |
Annual Yield |
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The U.S. Treasury said it’s sanctioned an Iranian company and 10 Iranians over cyberhacking. The Office of Foreign Assets Control said the Mabna Institute is an Iran-based company that engaged in the theft of personal identifiers and economic resources for financial gain. The Institute conducted massive, coordinated cyber intrusions into computer systems belonging to at least 144 US-based universities, i andat least 176 others 21 foreign countries. The data and stolen login credentials acquired were used for to benefit of Iran’s Islamic Revolutionary Guard. The Justice Department also levied charges against nine defendants. |
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The Commerce Department reports new-home sales ran at a 618,000 seasonally adjusted annual rate in February. That was down 0.6% compared to an upwardly revised January. February’s pace is 0.5% higher than a year ago. But economists expected 630,000. The median sales price was $326,800, nearly 10% higher than a year ago. At the current pace of sales, it would take 5.9 months to use up the available inventory. |
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Serving the West Side first, I am Bill Roller of brcapitalinc.com for 1360 KUIK. |
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www.marketwatch.com/story/us-government-says-iranian-group-hacked-into-us-universities-2018-03-23 |
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www.marketwatch.com/story/new-home-sales-chug-higher-in-february-2018-03-23 |
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For today’s Market Update Report click to listen-> |
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