The KUIK Closing Market Report for Wednesday, June 21:
Markets ended mixed.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(57)
points
21,410
2:54 PM
S&P500
Down
-0.1%
percent
2,436
(1.42)
Nasdaq Composite
Up
0.7%
percent
6,234
45.92
30 Year Treasury
Down
(2)
basis points
2.72
Annual Yield
Crude-oil futures entered bear-market territory, pulling back 20% from their February peak yesteday, extended their losses today. August crude ended down 2.25%, to $42.53 on the New York Merc. Traders looked past the drop in crude inventories. Analysts expect oil to trade in a $30-$60 a barrel range for the rest of the year, as U.S. oil companies increase production.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
