The KUIK Closing Market Report for Thursday, November 17:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
36
points
18,904
12:32 PM
S&P500
Up
0.5%
percent
2,187
9.03
Nasdaq Composite
Up
0.7%
percent
5,334
34.28
30 Year Treasury
Up
6
Basis Points
2.99
Annual Yield
Doubts over full OPEC member compliance with any output deal combined with a rise in the U.S. dollar to its highest levels since 2003 prompted lower in oil prices. Prices had spent most of the session on the rise after comments from Saudi Arabia’s oil minister fed expectations that OPEC will reach an agreement. December crude ended down 1.2% to $45 a barrel.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.