The KUIK Morning Market Report for Tuesday, March 25: |
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Markets are up. |
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Index |
Direction |
Change |
Units |
Last |
Time |
Change |
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Dow |
Up |
105 |
points |
13,384 |
7:01 AM |
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S&P500 |
Up |
0.69% |
percent |
1,870 |
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12.77 |
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Nasdaq Composite |
Up |
0.99% |
percent |
4,268 |
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41.83 |
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30 Year Treasury |
Up |
4 |
Basis Points |
3.61 |
Annual Yield |
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U.S. home prices ticked down 0.1% in January, with 12 of 20 tracked cities posting drops, according to S&P/Case-Shiller’s 20-city composite index. After seasonal adjustments, home prices in January rose 0.8%. On a year-over-year basis, home prices rose 13.2% in January, down from 13.4% in December and a recent peak of 13.7% in November. In a separate report, the Federal Housing Finance Agency reported that prices rose 0.5% on a seasonally adjusted basis in January. It based its home-price gauge on information from mortgages sold or guaranteed by Fannie Mae and Freddie Mac. |
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Google is hooking up with Luxottica to build frames for its Google Glass smart eyewear. The Italian company should add high-fashion flair to Google. It owns Oliver Peoples, Vogue Eyewear, Ray-Ban, and Oakley.The deal with Luxottica includes distribution as well as design and development. The eyewear specialist has more than 5,000 retail stores in the U.S., including Sunglass Hut |
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Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://www.marketwatch.com/story/home-prices-decline-for-third-month-in-january-2014-03-25 |
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http://blogs.marketwatch.com/thetell/2014/03/25/google-glass-moves-fashion-forward-with-ray-ban-makeover/ |
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For today’s Morning Market Report click to listen-> |
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