| The KUIK Closing Market Report for Monday, January 12: | |||||||
| Markets finished down. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (96) | points | 17,641 | 6:07 PM | ||
| S&P500 | Down | -0.8% | percent | 2,028 | (16.55) | ||
| Nasdaq Composite | Down | -0.8% | percent | 4,665 | (39.36) | ||
| 30 Year Treasury | Down | (6) | Basis Points | 2.49 | Annual Yield | ||
| Goldman Sachs found in its Top 400 analysis of the world’s largest new oil-and-gas fields, that approved projects will be “uneconomic” at $70 a barrel. That represents 20 million barrels of oil a day and $2 trillion worth of future investments at risk, unless the industry figures out a way to adapt to oil’s new world order through mergers or by cutting budgets. That also includes shale developments, where investments for $930 billion are in jeopardy. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/oils-slump-could-upend-2-trillion-in-investments-goldman-2015-01-12?dist=lcountdown | |||||||
| For today’s Closing Market Report click to listen-> | |||||||