The KUIK Closing Market Report for Monday, February 22.
Markets ended up.
Index Direction Change Units Index Time Change
Dow Up 229 points 16,621 8:17 AM
S&P500 Down 1.5% percent 1,946 (21.48)
Nasdaq Composite Down 1.5% percent 4,571 (58.72)
30 Year Treasury Down 1 Basis Points 2.62 Annual Yield
March crude ended up 6.2% to $31.48 a barrel on the New York Merc. Hitting a two week high. Baker Hughes reported Friday that the number of active U.S. drilling rigs fell by 26 to 413, for the ninth straight weekly drop. However U.S. crude stockpiles rose by 2.1 million barrels last week.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/oil-prices-higher-after-last-weeks-rig-count-drop-2016-02-22?dist=afterbell
For today’s Closing Market Report click to listen->