| The KUIK Closing Market Report for Friday, August 21: | |||||||
| It was a big downer day on Wall Street. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (531) | points | 16,460 | 2:03 PM | ||
| S&P500 | Down | -3.2% | percent | 1,971 | (64.84) | ||
| Nasdaq Composite | Down | -3.5% | percent | 4,706 | (171.45) | ||
| 30 Year Treasury | Unchanged | – | Basis Points | 2.75 | Annual Yield | ||
| Oil fell for an eighth straight weekly loss—the longest streak since 1986. Prices fell after Baker Hughes reported the number of active U.S.drilling rigs rose by 2 to 674 as of Aug. 21. Weaker-than-expected Chinese manufacturing data and the sharp drop in the stock market also spurred worries about the outlook for energy demand. October crude fell 2.1%, to $40.45 a barrel on the New York Merc. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/oil-prices-under-pressure-in-asia-after-weak-chinese-manufacturing-data-2015-08-21 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||