KQED Nightly Business Report August 30, 2017
Following the report we told you about last night, that north korea fired a missile that traveled over japan racheting up the already high tensions surrounding the korean peninsula. Couple that with the historic flooding in houston and the surrounding areas and you would bet that would be a recipe for a selloff in stocks, but thats a bet you would have lost because by the end of the day stocks did a nearly 200 point about face. The dow rose just about 57 points to 21,865. The nasdaq rose 18 and the s p 500 added 2. Gold did react to the Missile Launch settling at nearly a oneyear high. Well lo...