Closing Market Report 1/19/2016

The KUIK Closing Market Report for Tuesday, January 19:

Markets finished mixed.

Index Direction Change Units Index Time Change
Dow Up 28 points 16,016 1:45 PM
S&P500 Up 0.1% percent 1,881 1.00
Nasdaq Composite Down -0.3% percent 4,477 (11.47)
30 Year Treasury Down (1) Basis Points 2.80 Annual Yield

February crude fell 3.7%, to settle at $28.30a barrel on the New York Merc. That was the lowest settlement for a front-month contract since September 2003, according to Dow Jones. A report released by the International Energy Agency forecasts about 1 million barrels a day of excess supply in 2016 partly due to slowdowns in China and Brazil.

Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.

For today’s Closing Market Report click to listen->