July 11, 2017

Closing Market Report 7/11/2017

The KUIK Closing Market Report for Tuesday, July 11:

Markets were flat.

Index	Direction	Change	Units	Index	Time	Change
Dow	Up	1	points	21,409	2:42 PM
S&P500	Down	-0.1%	percent	2,426	(1.90)
Nasdaq Composite	Up	0.3%	percent	6,193	16.91
30 Year Treasury	Unchanged	–	basis points	2.92	Annual Yield

The American Petroleum Institute reported a larger-than-expected drop of 8.1 million barrels in U.S. crude supplies for the week ended July 7. " Gasoline supplies fell by 801,000 barrels. Supply data from the Energy Information Administration will be released tomorrow morning. S&P Global Platts expects that report to show a drop 2.6 million barrels in crude inventories. August crude is up 3.06% was at $45.76 a barrel in electronic trading.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.

http://www.marketwatch.com/story/oil-climbs-as-sources-say-api-data-show-us-crude-supply-down-more-than-8-million-barrels-2017-07-11

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