KQED Nightly Business Report March 7, 2015
Month. Many more than expected making it the 12th straight month in which at least 200,000 new jobs were added. The Unemployment Rate dipped to 5. 5 a level not seen in nearly 7 years. Sometimes whats good for main street isnt welcome news on wall street. Many say the strong Economic Data could pressure the Federal Reserve to hike Interest Rates sooner than thought. That sent stocks tumbling and how. Off 275 points to 17,856 and nasdaq down 55 and the s p 500 fell almost 30 points. And for the week, all three indexes were lower. Now with stocks dropped on todays job report treasury yields jump...