| The KUIK Closing Market Report for Wednesday, May 13: | |||||||
| Markets were mixed. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (8) | points | 18,060 | 6:58 AM | ||
| S&P500 | Down | F | percent | 2,093 | 10.94 | ||
| Nasdaq Composite | Up | 0.1% | percent | 4,982 | 25.73 | ||
| 30 Year Treasury | Down | 5 | Basis Points | 3.07 | Annual Yield | ||
| The Energy Information Administration reported a bigger-than-expected, second straight weekly decline in U.S. crude inventories, falling 2.2 million barrels for the week ended May 8. Analysts polled by Platts had forecast a drop of only 250,000 barrels.But data from the International Energy Agency shows that the world’s major oil producers continue to ramp up production. June crude gained 0.2% to $60.89 a barrel on the New York Merc. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/oil-extends-gains-trades-near-year-high-2015-05-13-11031658?dist=markets | |||||||
| For today’s Closing Market Report click to listen-> | |||||||