The KUIK Closing Market Report for Tuesday, February 24: |
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Markets were up. |
|
Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Up |
92 |
points |
18,209 |
1:54 PM |
|
|
S&P500 |
Up |
0.3% |
percent |
2,115 |
|
5.82 |
|
Nasdaq Composite |
Up |
0.1% |
percent |
4,968 |
|
7.15 |
|
30 Year Treasury |
Down |
(5) |
Basis Points |
2.60 |
Annual Yield |
|
|
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Former Clinton administration economist Laura Tyson told a Senate hearing today that Congress should keep a tax break for accelerated depreciation, as well as others that “actually enhance new investments,” even if lawmakers lower the U.S. corporate tax rate. he U.S. has the highest corporate tax rate among members of the Organization for Economic Cooperation and Development at 35%. Congressional Republicans, President Obama, and business groups all would like to see that rate lowered. |
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Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/heres-one-business-tax-break-an-ex-white-house-economist-wants-to-preserve-2015-02-24 |
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For today’s Closing Market Report click to listen-> |
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