Closing Market Report 2/21/2014

The KUIK Closing Market Report for Friday, February 21:
Markets finished down.
Direction Change Units  Last  Time Change
Dow Down                    (30) points           16,103 1:47 PM
S&P500 Down -0.19% percent             1,836       (3.53)
Nasdaq Composite Down -0.10% percent             4,263       (4.14)
30 Year Treasury Down                      (3) Basis Points               3.70 Annual Yield
Sales of existing homes fell 5.1% in January to a seasonally adjusted annual rate of 4.62 million, the slowest pace since July 2012, according to the National Association of Realtors. Sales have trended down since the summer, hit by declining affordability, low inventory, and poor weather in January.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/existing-home-sales-slowest-in-more-than-a-year-2014-02-21?dist=afterbell
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