| The KUIK Morning Market Report for Tuesday, August 19: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 53 | points | 16,892 | 7:01 AM | ||
| S&P500 | Up | 0.3% | percent | 1,977 | 5.74 | ||
| Nasdaq Composite | Up | 0.3% | percent | 4,521 | 12.36 | ||
| 30 Year Treasury | Down | (2) | Basis Points | 3.18 | Annual Yield | ||
| The Commerce Department reports Construction on new U.S. homes jumped 15.7% in July, the highest level in eight months to an annual rate of 1.09 million last month up from 945,000 in June, and the decline in new construction in June was smaller than previously reported. | |||||||
| The Commerce Department reports the consumer price index rose a seasonally adjusted 0.1% in July. Food prices rose 0.4%, but energy prices fell 0.3%. Core CPI, which excludes food and energy, also increased 0.1% which met expectations. Consumer prices have risen an unadjusted 2% over the past 12 months, down slightly from June. | |||||||
| With geopolitical tensions easing in Iraq and Ukraine, European stock markets continued higher on Tuesday, with the benchmark index heading for its strongest closing level in almost three weeks. he Stoxx Europe 600 index rose for a second straight day up 0.4% to 334.89. In Iraq, government troops and Kurdish forces recaptured the strategic Mosul Dam from ISIS yesterday with the help of U.S. airstrikes. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/us-home-construction-heats-up-in-july-2014-08-19 | |||||||
| http://www.marketwatch.com/story/us-consumer-prices-rise-slightly-in-july-2014-08-19 | |||||||
| http://www.marketwatch.com/story/stoxx-600-flirts-with-3-week-high-as-tensions-ease-2014-08-19?dist=markets | |||||||
| For today’s Morning Market Report click to listen-> | |||||||