The KUIK Closing Market Report for Tuesday, August 11: |
|
It was a down day on Wall Street. |
|
Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Down |
(212) |
points |
17,403 |
1:54 PM |
|
|
S&P500 |
Down |
-1.0% |
percent |
2,084 |
|
(20.11) |
|
Nasdaq Composite |
Down |
-1.3% |
percent |
5,037 |
|
(65.01) |
|
30 Year Treasury |
Down |
(10) |
Basis Points |
2.80 |
Annual Yield |
|
|
|
September crude fell 4.2%, to settle at $43.08 a barrel on the Nymex, hitting its lowest level in over six years. Oil was under pressure after the move by China’s central bank to devalue the yuan by 1.9% raised concerns about the Chinese economy and its appetite for crude and other commodities that will now cost more in China. |
|
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
|
http://www.marketwatch.com/story/oil-prices-edge-lower-as-china-devalues-yuan-2015-08-11?dist=afterbell |
|
For today’s Closing Market Report click to listen-> |
|