KQED Nightly Business Report July 14, 2024
Stock market were just enough for the threeajor averages to eke out another record close. Lately investors have been optimistic that Federal Reserve will cut Interest Rates later this month. But in the meantime caution i setting in ahead of earnings season when Corporate America will say how slowing Global Growth and trade uncertainties are impactingbusiness. Today the dow rose just 27 points. Were at 27,359. The nasdaq was up 14. The s p gained a fraction. All of it enough for records. Now, one of the biggest risks to the stock market may come from washington. If the debt ceiling is breached....