The KUIK Closing Market Report for Friday, August 11:
Markets were up.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
14
points
21,858
2:45 PM
S&P500
Up
0.1%
percent
2,441
3.11
Nasdaq Composite
Up
0.6%
percent
6,257
39.68
30 Year Treasury
Unchanged
–
basis points
2.79
Annual Yield
Oil finished higher with September crude up 0.41% to settle at $48.82 a barrel on the New York Merc. Baker Hughes reported the number of active U.S. rigs drilling for oil climbed by 3 to 768 rigs this week. It was down by one last week and the Paris-based International Energy Agency said crude output from OPEC climbed by 230,000 barrels a day in July to a new 2017 high of 32.84 million barrels a day.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.