| The KUIK Market Update for Thursday, February 26: | |||||||
| Markets are mixed. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 2 | points | 18,227 | 8:16 AM | ||
| S&P500 | Down | 0.0% | percent | 2,113 | (0.93) | ||
| Nasdaq Composite | Up | 0.3% | percent | 4,983 | 15.52 | ||
| 30 Year Treasury | Up | 1 | Basis Points | 2.58 | Annual Yield | ||
| The Labor Department reports new claims for unemployment benefits jumped by 31,000 to 313,000 in the ended February 21. Economists expected an adjusted 290,000. Continuing claims fell by 21,000 to an adjusted 2.4 million in the week ended February 14. | |||||||
| Freddie Mac reports the average rate on the 30-year fixed-rate mortgage for the week ended today averaged 3.80% up from last week’s 3.76%. A year ago the 30-year averaged 4.37%. The 15-year fixed averaged 3.07% up from last week’s 3.05%. A year ago it was at 3.39%. | |||||||
| Marketwatch reports the Kardashians have signed a record-breaking, $100 million-plus deal to remain with E! for another four years. Mom Kris Jenner recently secured the deal for herself and her five daughters. Bruce Jenner is not part of the deal, having previously agreed that he will be leaving after the upcoming 10th season of “Keeping Up With the Kardashians.” Bruce has his own show at E! based on his sex transition. The Kardashian deal is the highest in TV history for a reality brand. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-jobless-claims-jump-31000-to-313000-2015-02-26 | |||||||
| http://freddiemac.mwnewsroom.com/press-releases/mortgage-rates-rise-for-third-consecutive-week-otcqb-fmcc-1177972 | |||||||
| http://www.marketwatch.com/story/kardashians-sign-100-million-deal-with-e-2015-02-26?link=MW_Nav_NV | |||||||
| For today’s Market Update Report click to listen-> | |||||||