| The KUIK Closing Market Report for Tuesday, March 10: | |||||||
| Markets had a big downer day. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (333) | points | 17,663 | 2:37 PM | ||
| S&P500 | Down | -1.7% | percent | 2,044 | (35.27) | ||
| Nasdaq Composite | Down | -1.7% | percent | 4,860 | (82.64) | ||
| 30 Year Treasury | Down | (8) | Basis Points | 2.72 | Annual Yield | ||
| The U.S. Energy Information Administration lowered its crude oil price forecast in today’s monthly report. The agency said it expects West Tex Intermediate to average $52.15 a barrel this year and expects $70 in 2016. Production is expected to average 9.3 million barrels per day in 2015 and climb to 9.5 million in 2016 – close to the 9.6 million high hit in 1970. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/eia-lowers-wti-crude-price-forecasts-2015-03-10?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | |||||||