The KUIK Closing Market Report for Friday, August 4: | |||||||
Markets ended up. | |||||||
Index | Direction | Change | Units | Index | Time | Change | |
Dow | Up | 67 | points | 22,093 | 1:31 PM | ||
S&P500 | Up | 0.2% | percent | 2,477 | 4.67 | ||
Nasdaq Composite | Up | 0.2% | percent | 6,352 | 11.22 | ||
30 Year Treasury | Up | 3 | basis points | 2.84 | Annual Yield | ||
Gold futures settled lower today as the dollar rose after a key report on payrolls in July showed more-than-expected jobs were created. The labor market added 209,000 jobs in July, more than the 175,000 expected by economists. The unemployment rate fell back to a 16-year low of 4.3%. December gold fell 0.8%, at $1,264.60 an ounce. The contract had been flat ahead of the report. Gold has fallen since it settled on Tuesday at $1,279.40—its highest level since June 8. It ended the week down 0.4%, according to FactSet. | |||||||
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
http://www.marketwatch.com/story/gold-recovers-modestly-ahead-of-a-jobs-report-seen-holding-clues-for-fed-moves-2017-08-04?dist=markets | |||||||
For today’s Closing Market Report click to listen-> |