Closing Market Report 3/8/2017

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.
 
http://www.marketwatch.com/story/oil-prices-under-pressure-after-us-supply-rises-china-demand-wanes-2017-03-08?dist=markets
 
For today’s Closing Market Report click to listen->