| The KUIK Market Update for Tuesday, August 19: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 67 | points | 16,906 | 7:55 AM | ||
| S&P500 | Up | 0.4% | percent | 1,979 | 7.29 | ||
| Nasdaq Composite | Up | 0.3% | percent | 4,520 | 12.16 | ||
| 30 Year Treasury | Up | 0 | Basis Points | 3.20 | 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. | |||||||
| 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. Tensions between Russia and Ukraine appeared to ease slightly as a Red Cross official went to Moscow to discuss allowing a Russian aid convoy into Ukraine | |||||||
| 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/stoxx-600-flirts-with-3-week-high-as-tensions-ease-2014-08-19?dist=markets | |||||||
| For today’s Market Update Report click to listen-> | |||||||