KQED Nightly Business Report January 7, 2016
North korea adding to the growing list of geopolitical concerns after that country announced a nuclear test and claims to have successfully tested a hydrogen bomb. China fears deepened when a report showed the Services Sector of the worlds second largest economy grew at a slower pace than expected. And add to that the situation in the middle east. A drop in oil prices big time, and investors all across the world were rattled this day. The Dow Jones Industrial average slid 252 points to 16,906, nasdaq dropped 55, the s p 500 declined 26. Domestic crude settled at its lowest level since december...