The KUIK Closing Market Report for Wednesday, June 25: |
Markets ended up. |
Direction |
Change |
Units |
Last |
Time |
Change |
Dow |
Up |
49 |
points |
16,868 |
2:53 PM |
S&P500 |
Up |
0.5% |
percent |
1,960 |
9.55 |
Nasdaq Composite |
Up |
0.7% |
percent |
4,380 |
29.40 |
30 Year Treasury |
Down |
(3) |
Basis Points |
3.38 |
Annual Yield |
Federal officials have told two energy companies that they can legally export a kind of ultra-light crude oil that is plentiful in shale formations across the U.S. With minimal processing, oil shipments could begin as early as August. It’s the first time in forty years that the government has allowed the export of unrefined oil. |
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/us-set-to-allow-first-shipments-of-unrefined-oil-overseas-2014-06-24?dist=afterbell |
For today’s Closing Market Report click to listen-> |
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