Closing Market Report 7/29/2014

The KUIK Closing Market Report for Tuesday, July 29:
Markets finished down.
Direction Change Units  Last Time Change
Dow Down                    (70) points           16,912 2:09 PM
S&P500 Down -0.5% percent             1,970       (8.96)
Nasdaq Composite Down -0.1% percent             4,443       (2.21)
30 Year Treasury Down                      (4) Basis Points               3.22 Annual Yield
The American Petroleum Institute reported late today oil inventories declined 4.4 million barrels in the week ended July 25. Gasoline supplies were up 100,000 barrels. The API report comes a day ahead of official data from the Energy Information Administration. Analysts polled by Platts expect crude-oil inventories to decline 2.2 million barrels with gasoline supply up by 1.1 million barrels.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/oil-inventories-down-44-million-barrels-api-says-2014-07-29
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