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The KUIK Morning Market Report for Tuesday, March 27: |
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Markets are down slightly. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
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Dow Jones Industrial Average |
Down |
(6) |
points |
24,197 |
7:20 AM |
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S&P500 |
Down |
-0.1% |
percent |
2,655 |
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Nasdaq Composite |
Down |
-0.1% |
percent |
7,214 |
(1.50) |
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30 Year Treasury |
Unchanged |
– |
Basis Points |
3.07 |
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 total value of digital currencies fell below $300 billion overnight as more broad-based selling pushed some of the majors to multimonth lows. The No. 1 digital currency, bitcoin is $8,077 is up 2.4%, but remains near long-term support. The big loser among major cryptocurrencies is Ethereum. The smart-contract currency overnight reached its lowest level since Dec. 11, 2017. It’s down 6.8% on the day, to $456.80. |
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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 Morning Market Report click to listen-> |
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