The KUIK Closing Market Report for Wednesday, December 7:
Markets closed up today.
Index
Direction
Change
Units
Index
Time
Change
Dow
Up
289
points
19,541
9:59 AM
S&P500
Up
1.3%
percent
2,241
Nasdaq Composite
Up
1.1%
percent
5,394
30 Year Treasury
Down
(5)
Basis Points
3.03
Annual Yield
The Dow industrials, S&P 500 and small-cap focused Russell 2000 all rose to all-time highs in intraday trade as stocks shook off early weakness in the health-care sector to extend gains.
Oil futures settled at their lowest level in a week Wednesday after U.S. government data revealed as petroleum-product inventories rose much more than expected.
Serving the West Side first I am Mike Elerath of BR Capital for 1360 KUIK.
