The KUIK Closing Market Report for Friday, December 18:
Markets were down.
Index Direction Change Units Index Time Change
Dow Down (367) points 17,129 2:22 PM
S&P500 Down -1.8% percent 2,006 (36.34)
Nasdaq Composite Down -1.6% percent 4,923 (79.47)
30 Year Treasury Down (3) Basis Points 2.91 Annual Yield
Data from Baker Hughes showed the number of active U.S. oil-drilling rigs climbed by 17 to 541 as of today. That follows four weeks of declines. January crude ended off 1.1% to $34.56 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/crude-sticks-below-35-a-barrel-amid-relentless-global-glut-2015-12-18?dist=markets
For today’s Closing Market Report click to listen->