KQEH Nightly Business Report August 26, 2014
The First Time Ever in intraday trading and marking the latest milestone in the stock markets historic bull run. Corporate takeovers, which well have more on in just a moment. And hints of more stimulus from the European Central bank help stocks hit that psychologically important number. Adding to the enthusiasm, a report from the chicago Federal Reserve, which shows Economic Activity expanding at a rate above its historical trend. By the closing bell, the dow rose 75 points. The nasdaq added almost 19 and the s p 500 up nine and a half points closing at 1997. 92. Dominic chu has more on the 1...