Closing Market Report 1/30/2015

The KUIK Closing Market Report for Friday, January 30:
It was another choppy day on Wall Street.
Direction Change Units  Last Time Change
Dow Down                   (252) points           17,165 1:16 PM
S&P500 Down -1.3% percent             1,995     (26.26)
Nasdaq Composite Down -1.0% percent             4,635     (48.17)
30 Year Treasury Down                      (7) Basis Points               2.25 Annual Yield
March crude was up 8.3% to $48.24 a barrel on the New York Merc. It’s up 5.8% for the week, but down 9.4% for the month.  Factors behind oil’s advance included news of a big drop in U.S. rig counts as producers respond to oversupply, as well as short covering on the last day of the month.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/oil-jumps-8-friday-trims-january-loss-to-9-2015-01-30?dist=afterbell
For today’s Closing Market Report click to listen->