KQED Nightly Business Report August 16, 2016
Make sure you describe today as one of those rarest of stock market sessions. For only the second time in more than 15 years, the other was just last week, all three major market barometers finished the day at rec highs. They sent intraday highs as well. Who really knows why stocks rise or fall on any given day. As good an explanation as any today was oil prices were up. West texas crude gained 3 , and finished at a onemonth high of 45. 35 a barrel. Commodity shares bought a boost and oils gain in turn was fueled by last weeks signals that major producers may cap production. Here are the final...