| The KUIK Morning Market Report for Tuesday, June 9: | |||||||
| Markets have opened down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (33) | points | 17,735 | 7:02 AM | ||
| S&P500 | Down | -0.3% | percent | 2,073 | (5.92) | ||
| Nasdaq Composite | Down | -0.7% | percent | 4,988 | (33.75) | ||
| 30 Year Treasury | Up | 7 | Basis Points | 3.17 | Annual Yield | ||
| Foreclosure inventory has fallen by 25% in the year to April, and completed foreclosures fell by 20%, according to CoreLogic. As of April, the national foreclosure inventory included approximately 521,000 homes, or 1.4%, of all homes with a mortgage. The 40,000 completed foreclosures represents a decline of two-thirds from the peak in Sept. 2010. The number of mortgages in serious delinquency has fallen by 22% to 1.4 million. | |||||||
| The U.S. Supreme Court is the country’s only judicial body without a formal ethics code. The Court relies on voluntary compliance.Fortune Magazine reports the organization Fix the Court, reviewed 19 cases the Supreme Court considered between 2009 and 2014 where the justices held stock in corporations involved. Nearly 70% of the time the justices voted in alignment with briefs filed by the companies’ lawyers or in friend-of-the-court briefs. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/foreclosure-inventory-down-by-25-over-the-last-year-corelogic-says-2015-06-09 | |||||||
| http://www.marketwatch.com/story/supreme-court-justices-rule-in-favor-of-companies-they-invest-in-study-finds-2015-06-09′ | |||||||
| For today’s Morning Market Report click to listen-> | |||||||