The KUIK Closing Market Report for Tuesday, August 1:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
73
points
21,964
1:09 PM
S&P500
Up
0.2%
percent
2,476
6.05
Nasdaq Composite
Up
0.2%
percent
6,363
14.81
30 Year Treasury
Down
(5)
basis points
2.85
Annual Yield
Oil ended lower with September crude closing down 2% to $49.61 a barrel on the New York Merc on renewed concerns over a global glut of crude. Oil slipped after a Bloomberg survey of analysts, oil companies, and ship-tracking data indicated the Organization of the Petroleum Exporting Countries saw crude output rise 210,000 barrels a day in July.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.