KQEH Nightly Business Report December 24, 2014
Ever today and it closed above that milestone too. Sprinting from 17,000 to 18,000 in just 119 trading days. Now, thats fast but not the fastest move, not by a long shot. Back in 1999, the dow jumped a thousand points in 24 trading days. Why the big spike today . You can thank the bold, burly u. S. Economy. We learned today it grew at a 5 annual pace in the year recorded. Thats the fastest quarterly growth rate in 11 years. Consumers are feeling good. One measure of sentiment clocked in today at 8 year high and growth of personal spending doubled in november from october. With that encouraging...