The KUIK Closing Market Report for Wednesday, March 8:
Markets were mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(69)
points
20,856
7:30 PM
S&P500
Down
-0.2%
percent
2,363
(5.41)
Nasdaq Composite
Up
0.1%
percent
5,838
3.62
30 Year Treasury
Up
4
basis points
3.15
Annual Yield
The U.S. Energy Information Administration reported an increase of 8.2 million-barrels in domestic crude supplies last week, lifting total commercial inventories to a record 528.4 million. That was the ninth increase in a row. April crude fell 4.1% to $51.04 a barrel on the New York Merc the lowest level in seven weeks.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.