The KUIK Closing Market Report for Friday, October 20:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
166
points
23,329
1:28 PM
S&P500
Up
0.5%
percent
2,575
13.11
Nasdaq Composite
Up
0.4%
percent
6,629
23.99
30 Year Treasury
Up
6
basis points
2.89
Annual Yield
Sales of epreviously owned homes rose 0.7% in September to an annual rate of 5.39 million, breaking a three-month losing streak. That exceeded the MarketWatch forecast of 5.3 million. The number of homes available for sale climbed 1.9% in September, but inventory is down 6.4% compared to a year ago at 1.9 million. The median price increased 4.2% to $245,100.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
