KQEH Nightly Business Report May 25, 2016
Thing but a combination of factors. Housing data was strong. Oil prices went up. New highs for the year. And there seems to be an increase in confidence that higher Interest Rates likely wont hurt stock prices very much, if at all. The Dow Jones Industrial average climbed 213 points to close at 17,706. Nasdaq added 95. And the s p 500 rose 28. Ari thompson has more on todays big gain. Reporter stocks finished strong on the back of a big gain in aprils new home sales and the back of strength in the european markets. The u. S. Markets rallying from the opening bell. This after a new poll showed ...