KQED Nightly Business Report January 18, 2018
Day on wall street. Stocks rose, and rose, and rose some more. The blue chip dow index closed above 26,000 for the first time ever, marking the fastest 1,000point move in history. Recall, it was just on january 4th that the dow first closed before 25,000. The rally today was broad, with all 11 sectors posting gapes and all of the major indexes finishing at records. As one strategist said, there is just no reason to sell, which come the think of it, may be a reason to sell. But not today. The Dow Jones Industrial average climbed 322 points to 26,115. Nasdaq added 74. The Standard Poors was up a...