The KUIK Closing Market Report for Wednesday, July 5:
Markets were mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(1)
points
21,478
3:24 PM
S&P500
Up
0.2%
percent
2,433
3.53
Nasdaq Composite
Up
0.7%
percent
6,151
40.80
30 Year Treasury
Unchanged
–
basis points
2.86
Annual Yield
The American Petroleum Institute reported a larger-than-expected drop of 5.8 million barrels in U.S. crude supplies for the week ended June 30. Gasoline inventory fell by 5.7 million barrels in gasoline supplies. The Energy Information Administration will release its data Thursday morning. Analysts polled by S&P Global Platts expect the it to report a drop of 1.6 million barrels in crude inventories. August crude is off 3.10% to $45.61 a barrel in electronic trading.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
