The KUIK Closing Market Report for Monday, January 25:
Markets were down.
Index Direction Change Units Index Time Change
Dow Down (208) points 15,885 2:39 PM
S&P500 Down -1.6% percent 1,877 (29.82)
Nasdaq Composite Down -1.6% percent 4,518 (72.69)
30 Year Treasury Down (2) Basis Points 2.80 Annual Yield
The Dallas Fed’s manufacturing survey in January fell 13 points to -34.6, for the worst reading since the Great Recession of 2008. Readings below zero indicate contraction. Production and employment swung from positive to negative, and the new-orders index went more negative.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/opec-oil-output-falls-130000-barrels-per-day-in-december-platts-2016-01-22?dist=afterbell
For today’s Closing Market Report click to listen->