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The KUIK Morning Market Report for Tuesday, March 6: |
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Markets are up. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
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Dow Jones Industrial Average |
Up |
39 |
points |
24,911 |
7:07 AM |
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S&P500 |
Up |
0.2% |
percent |
2,725 |
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Nasdaq Composite |
Up |
0.5% |
percent |
7,368 |
3.00 |
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30 Year Treasury |
Up |
2 |
Basis Points |
3.13 |
Annual Yield |
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United Airlines has scrapped a plan to cancel its quarterly bonus program and replace it with a lottery drawing for prizes after the idea was bumped by employees. The program would have entered employees in the “core4 Score Rewards” prize drawing for cash prizes between $2,000 and $40,000, vacations and luxury cars, and one lucky employee winning $100,000 in each draw. United employees who are currently eligible for a bonus can count on about $1,200 per year. |
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Marketwatch reports about 1.4 million Americans lost the interest rate incentive to refinance their mortgages in the first six weeks of 2018, according to real estate data firm Black Knight. The 30-year fixed-rate mortgage averaged 4.43% the week ended March 1, according to Freddie Mac’s weekly survey. That’s up three basis points from the week before and puts rates nearly half-a-percentage point higher than January 1. |
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Serving the West Side first, I am Bill Roller of brcapitalinc.com for 1360 KUIK. |
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For today’s Morning Market Report click to listen-> |
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