KQEH Nightly Business Report October 1, 2016
Stocks rose sharply and once again it was the Financial Sector that led the way as it has on and off over the past three months. Now yesterday, bank stocks sand bagged the market. Today they lifted it. On unconfirmed reports that Deutsche Bank has reached a deal with the u. S. Justice department. On that story in a moment. Meantime, the dow jones indust avera finished the session today up 164 points at 18,308. Nasdaq added 42 and the s p 500 gabed 17. Todays rally closed out an unusual third quarter, one that saw turbulence created by the brexit vote early on, fresh record highs later and cont...