The KUIK Morning Market Report for Friday, March 20: |
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Markets are up. |
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Index |
Direction |
Change |
Units |
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Time |
Change |
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Dow |
Up |
132 |
points |
18,091 |
7:03 AM |
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S&P500 |
Up |
0.7% |
percent |
2,104 |
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14.64 |
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Nasdaq Composite |
Up |
0.8% |
percent |
5,030 |
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37.41 |
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30 Year Treasury |
Down |
(3) |
Basis Points |
2.51 |
Annual Yield |
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Marketwatch reports the Obama administration is expected to issue regulations setting new standards for hydraulic fracturing in the oil and natural-gas industries The drilling technology has been key to unlocking vast reserves of oil and gas across the U.S., but also raised concers about its environmental impact. The regulations will set standards for wells and disposal of wastewater and require companies to disclose chemicals used. The regulations, in the works since 2012, apply only to drilling on federal land, which account for 11% of the natural gas and 5% of the oil the U.S. consumes, according to Interior Department data. Other drilling is on private or state-owned lands and won’t be subject to the regulations. |
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Stocks could see increased volatility and higher trading volume today due to quadruple witching. Equity options, stock-index futures, stock-index options, and single-stock futures all expire after the close. |
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Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/fracking-rules-expected-to-be-unveiled-by-obama-administration-friday-2015-03-20 |
http://www.marketwatch.com/story/us-stocks-open-higher-eye-strong-weekly-gains-2015-03-20?dist=markets |
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For today’s Morning Market Report click to listen-> |
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