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The KUIK Market Update for Tuesday, March 27: |
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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 |
77 |
points |
24,280 |
7:56 AM |
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S&P500 |
Up |
0.1% |
percent |
2,662 |
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Nasdaq Composite |
Up |
0.1% |
percent |
7,228 |
(1.50) |
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30 Year Treasury |
Down |
(1) |
Basis Points |
3.06 |
Annual Yield |
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The S&P/Case-Shiller national index was up a seasonally adjusted 0.5% for the three-months that ended in January, and was up 6.2% compared to a year before. The 20-city index rose a seasonally adjusted 0.8% for the month, and 6.4% for the year. Prices are still on fire. And the West is still the best: Seattle led up 12.9% for the year. Portland was up 0.4% for the month and 7.1% for the year. |
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The Conference Board reports consumer confidence fell slightly in March but still near an 18-year high. The consumer confidence index fell to 127.7 from a revised 130 in February. Economists expected 131.0. Americans were less optimistic about current business conditions and the stock market after the recent selloff. They say it’s easier to find a job, though they aren’t sure it would still the case six months from now. Both the present situation future conditions indexes fell slightly. |
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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/home-prices-are-still-on-fire-case-shiller-data-show-2018-03-27 |
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For today’s Market Update Report click to listen-> |
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