The KUIK Closing Market Report for Tuesday, July 25:
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.