KQED Nightly Business Report April 15, 2014
In the stock market to go with it. The major averages bounced back from sharp sell off last week and all the end of the s p sectors were as well. The dow jumped 146 points. The nasdaq added almost 23, ending above the key 4,000 level. And the s p rose about 15 points. So what triggered all this optimism . Investors were encouraged by new retail Sales Numbers that were stronger than expect ad sign maybe that the economy is emerging from a slow winter. The gains were led by autos and furniture as well as sales at general Merchandise Stores like target and walmart. Solid earnings from citigroup b...