| The KUIK Market Update for Tuesday, December 30: | |||||||
| Markets are down. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (67) | points | 17,971 | 7:38 AM | ||
| S&P500 | Down | -0.4% | percent | 2,083 | (7.81) | ||
| Nasdaq Composite | Down | -0.4% | percent | 4,787 | (19.93) | ||
| 30 Year Treasury | Down | (4) | Basis Points | 2.74 | Annual Yield | ||
| Home prices fell 0.1% in October, according to the S&P/Case-Shiller 20-city composite index. Prices fell in 10 cities, expanded in eight, and were unchanged in two. Annual growth also fell, with year-over-year home prices rising 4.5% in October for the slowest pace in two years compared with an annual gain of 4.8% in September. Economists expected 4.7%. Home prices are about 16% below their 2006 peak. In Portland, prices were down 0.3%, and up 6.2% year over year. | |||||||
| The U.S. consumer confidence index climbed to 92.6 in December from a revised 91.0 in November, reflecting renewed optimism of Americans from an improving economy. Economists polled by MarketWatch expected 93.8. The present conditions index hit the highest level since February 2008, while future expectations fell slightly. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/home-prices-grow-at-slowest-pace-in-two-years-2014-12-30 | |||||||
| http://www.marketwatch.com/story/us-consumer-confidence-rebounds-in-december-2014-12-30 | |||||||
| For today’s Market Update Report click to listen-> | |||||||