Closing Market Report 7/25/2017

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.
http://www.marketwatch.com/story/why-oil-prices-scored-their-biggest-one-day-rally-of-2017-2017-07-25
For today’s Closing Market Report click to listen->