Closing Market Report 7/2/2013

The KUIK Closing Market Report for Tuesday, July 2:
Markets ended flat.
Direction Change Units  Last  Time Change
Dow Down                    (43) points           14,932 1:51 PM
S&P500 Down -0.05% percent             1,614       (0.88)
Nasdaq Composite Down -0.04% percent             3,434       (1.09)
30 Year Treasury Down                      (2) Basis Points               3.47 Annual Yield
The Internal Revenue Service has disallowed about $2.86 billion in interest and deductions by Tyco in income tax returns from 1997 to 2000 and hit it with a bill for $883 million.  
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/irs-hits-tyco-with-286-billion-bill-after-audit-2013-07-02?dist=afterbell
For today’s Closing Market Report click to listen->