| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Tuesday, May, 15 | |||||||
| Markets are up this morning. | |||||||
| Index | Direction | Change | Units | Last | 7:56 AM | ||
| Dow | Up | 20 | points | 12,720 | |||
| S&P500 | Up | 0.21% | percent | 1,341 | |||
| Nasdaq Composite | Up | 0.59% | percent | 2,920 | |||
| 30 Year Treasury | Down | (0.4) | basis points | 2.95 | |||
| Homebuilders are happier. The National Association of Home Builders/Wells Fargo housing market index rose to 29 from 24 in April. April was initially reported at 25. Economists expected 27. The reading is the best since May 2007, but t is still short of the 50 that means more builders view conditions as good than poor. | |||||||
| Facebook has raised the price range of its initial public offering from between 28 to 35 to between $34 and $38 a share. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/home-builder-sentiment-at-best-since-recession-2012-05-15 | |||||||
| http://www.marketwatch.com/story/facebook-ups-ipo-price-range-wsj-2012-05-14 | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | http://wp.me/p2lo3H-kq | ||||||