| The KUIK Market Update for Tuesday, June 25: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Up | 115 | points | 14,745 | 7:56 AM | ||
| S&P500 | Up | 0.88% | percent | 1,587 | |||
| Nasdaq Composite | Up | 0.62% | percent | 3,341 | |||
| 30 Year Treasury | Up | 3.60 | Basis Points | 3.60 | Annual Yield | ||
| Prices for U.S. homes jumped in April, posting record monthly growth and the fastest year-over-year growth in seven years, according to the latest S&P/Case-Shiller data. With gains in 19 of 20 cities, the 20-city composite index rose 2.5% in April, the largest monthly growth since the index started in 2000. Prices rose 1.7% in April on a seasonably adjusted basis. Prices are up 12.1% since April 2012. That’s the fastest annual pace since 2006. | |||||||
| The Conference Board’s consumer confidence index jumped to 81.4 in June, the best reading since January 2008 and up from 74.3 in May. Economists polled by MarketWatch expected 74. | |||||||
| The New York Times reports former Democratic New Jersey Governor and Obama fundraiser Jon Corzine will face civil charges by Commodity Futures Trading Commission over his role in the collapse of commodities firm MF Global. Corzine was head of the firm, when it declared bankruptcy in 2011 over exposure to European investments and more than $1 billion in customer money disappeared in the firm’s last days. Corzine has denied wrongdoing. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/home-prices-see-record-jump-in-april-case-shiller-2013-06-25 | |||||||
| http://www.marketwatch.com/story/consumer-confidence-reaches-five-year-high-in-june-2013-06-25?dist=lcountdown | |||||||
| http://www.marketwatch.com/story/corzine-facing-civil-charges-on-mf-global-collapse-2013-06-25 | |||||||
| For today’s Market Update Report click to listen-> | |||||||