Closing Market Report 7/24/2013

The KUIK Closing Market Report for Wednesday, July 24:
Markets ended mixed.
Direction Change Units  Last  Time Change
Dow Down                    (26) points           15,542 4:09 PM
S&P500 Down -0.38% percent             1,686
Nasdaq Composite Up 0.02% percent             3,580
30 Year Treasury Up                       6 Basis Points               3.65 Annual Yield
A lawsuit seeking to stop Detroit’s bankruptcy filing will not go through, allowing the city to proceed with its petition under Chapter 9 of the bankruptcy code, a judge ruled today, according to CNBC.  Detroit filed for bankruptcy last week after it failed to reach agreements with its creditors outside of court, but was met with lawsuits from pensioners and creditors arguing that the filing violated the Michigan constitution. 
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/netflix-cisco-fall-apple-slips-ahead-of-results-2013-07-23?link=MW_Nav_MA
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