The KUIK Closing Market Report for Tuesday, July 25: |
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Markets were mixed. |
|
Index |
Direction |
Change |
Units |
Index |
Time |
Change |
Dow |
Up |
100 |
points |
21,613 |
1:40 PM |
S&P500 |
Up |
0.3% |
percent |
2,477 |
7.17 |
Nasdaq Composite |
Up |
0.0% |
percent |
6,412 |
1.37 |
30 Year Treasury |
Up |
8 |
basis points |
2.91 |
Annual Yield |
|
September crude rose 3.3%, to settle at $47.89 a barrel on the New York Merc for the biggest one-day gain of 2017 according to FactSet. Saudi Arabia said at a meeting in Russia yesterday that it would cut August exports to 6.6 million barrels a day which is million barrels less than a year earlier. Nigeria which isn’t part of the OPEC production-cut agreement promised to limit its daily production to 1.8 million barrels from 1.6 million currently . |
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/why-oil-prices-scored-their-biggest-one-day-rally-of-2017-2017-07-25 |
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For today’s Closing Market Report click to listen-> |
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