The KUIK Closing Market Report for Monday, August 28:
Markets ended mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(5)
points
21,808
2:39 PM
S&P500
Up
0.1%
percent
2,444
1.19
Nasdaq Composite
Up
0.3%
percent
6,283
17.37
30 Year Treasury
Unchanged
–
basis points
2.75
Annual Yield
October crude fell 2.5% to $46.67 a barrel on the New York Mer, as investors assessthe impact of Tropical Storm Harvey, which hit the Texas Gulf Coast late Friday as a Category 4 hurricane. The region accounts for 17% of total U.S. crude-oil production and 5% of total domestic dry natural-gas production, according to the Energy Information Administration. A decade ago, before the ramp-up in shale output, the Gulf accounted for almsot 30% of U.S. crude production.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
For today’s Closing Market Report click to listen->
