This is Bill Roller of BR Capital with the KUIK Closing Market Report for Friday, August 3. |
Markets had a big up day. |
|
Direction |
Change |
Units |
Last |
Time |
|
|
Dow |
Up |
217 |
points |
13,096 |
2:04 PM |
|
|
S&P500 |
Up |
1.9% |
percent |
1,391 |
|
|
|
Nasdaq Composite |
Up |
2.0% |
percent |
2,968 |
|
|
|
30 Year Treasury |
Up |
11.5 |
basis points |
2.66 |
|
|
|
Shares of market maker Knight Capital climbed 57% to $4.05 after TD Ameritrade said they will resume sending orders to Knight. For the week, however, they are down 61% after a botched trading software upgrade hit them with 440 million in losses on Wednesday. |
Crude-oil futures rallied spurred by optimism following a positive U.S. jobs report and as Wall Street traded sharply higher and the dollar lost ground. September Crude rose 4.9%, to settle at $91.40 a barrel on the New York Merc. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/financial-stocks-rally-knight-capital-rebounds-2012-08-03-121031237?link=MW_Nav_NV |
http://www.marketwatch.com/story/oil-rises-on-inventory-data-but-nat-gas-slips-2012-08-03?dist=afterbell |
For today’s Closing Market Report click to listen-> |
https://beaconrwa.com/audio/Closing-Market-Report.mp3 |
Short Link> |
|