The KUIK Closing Market Report for Wednesday, August 9:
Markets ended down.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(37)
points
22,048
2:13 PM
S&P500
Down
0.0%
percent
2,474
(0.90)
Nasdaq Composite
Down
-0.3%
percent
6,352
(18.13)
30 Year Treasury
Down
(5)
basis points
2.82
Annual Yield
U.S. crude oil inventories fell by 6.5 million barrels to 1.15 billion barrels while gasoline rose by 3.4 million barrels to 231.1 million barrels in the week ended Aug. 4, according to the Energy Information Administration. Data from the American Petroleum Institute late Tuesday also showed a larger drop in crude, and a smaller gain in gasoline inventories. That data had a muted impact on the market. September crude ended up 0.55% to $49.17 a barrel on the New York Merc.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
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