| The KUIK Morning Market Report for Tuesday, February 25: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Last | Time | Change | |
| Dow | Down | (54) | points | 16,152 | 6:58 AM | ||
| S&P500 | Down | -0.32% | percent | 1,842 | (5.99) | ||
| Nasdaq Composite | Down | -0.27% | percent | 4,281 | (11.65) | ||
| 30 Year Treasury | Down | (3) | Basis Points | 3.68 | Annual Yield | ||
| U.S. home prices ticked down 0.1% in December, declining for a second month, with 11 of 20 tracked cities posting drops, according to the S&P/Case-Shiller’s 20-city composite index. After seasonal adjustments, home prices in December rose 0.8%, down a bit from 0.9% in November. Home prices are up 13.4% from December 2012, the fastest growth since 2005, supported by a low inventory of homes available for sale. Including December, prices are still about 20% below a 2006 peak, though some cities, including Dallas and Denver, recently posted fresh record highs. | |||||||
| European Union economists on forecast tepid growth for most of the region through 2015, while warning that lingering debt burdens and deflation can wreck the recovery. They expect 1.2% growth in 2014 and 1.8% for 2015, after two consecutive years of contraction. The expect unemployment, to stay near record highs of 12% in 2014 and 11.7% in 2015. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-home-prices-decline-01-in-december-2014-02-25 | |||||||
| http://www.marketwatch.com/story/eu-forecasts-weak-growth-warns-about-deflation-2014-02-25 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||