| The KUIK Morning Market Report for Friday, June 27: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (20) | points | 16,826 | 7:01 AM | ||
| S&P500 | Down | -0.1% | percent | 1,956 | (1.47) | ||
| Nasdaq Composite | Up | 0.0% | percent | 4,379 | 0.37 | ||
| 30 Year Treasury | Down | (0) | Basis Points | 3.34 | Annual Yield | ||
| Freddie Mac reports that the average rate on a 30 year fixed rate mortgage was 4.14% in the week ended June 26, down from 4.17 percent last week. A year ago it was 4.46%. The fifteen year fixed was 3.22% down from 3.30 percent last week. | |||||||
| The Stoxx Europe 600 index fell less than a point at 342. It is down 1.6% fall for the week, which is the biggest weekly pullback since mid-April, according to FactSet. A run of lackluster data from Europe continued today with France’s government saying growth in gross domestic product stalled in the first quarter and inflation in Spain was flat this month, highlighting worries about the risk of deflation. | |||||||
| Consumer sentiment rose to a final June reading of 82.5 up from May’s final 81.9, according to the University of Michigan and Thomson Reuters. Economists polled by MarketWatch expected 81.9. Economists watch sentiment to tell the direction of consumer spending. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.huntingtonnews.net/90166 | |||||||
| http://www.marketwatch.com/story/european-stocks-edge-up-but-on-track-for-weekly-loss-2014-06-27 | |||||||
| http://www.marketwatch.com/story/consumer-sentiment-rises-in-june-reports-2014-06-27?link=MW_story_latest_news | |||||||
| For today’s Morning Market Report click to listen-> | |||||||