The KUIK Closing Market Report for Tuesday, February 9:
Markets ended mixed.
Index Direction Change Units Index Time Change
Dow Down (13) points 16,014 2:14 PM
S&P500 Down -0.1% percent 1,852 (1.23)
Nasdaq Composite Down -0.4% percent 4,269 (14.99)
30 Year Treasury Down (1) Basis Points 2.55 Annual Yield
The U.S. Energy Information Administration cut its 2016 forecasts for crude prices in its a monthly report. It said it expects West Texas Intermediate prices to average $37.59 a barrel this year down from its previous forecast of $38.54. March crude ended down 4.4% to $28.34 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-rises-as-downbeat-iea-report-fails-to-add-to-pessimism-2016-02-09?dist=afterbell
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