KQED Nightly Business Report November 22, 2016
Nasdaq with its tech stocks. Four major stock market indexes hit alltime highs today. Here are the record numbers. The dow added 88 points to 18,956. 40odd points away from 19,000. The nasdaq rose 47. S p 500 climbed 16 and the small cap russell index of 2,000 Many Companies up 6. The broad rally hoping that it will invest heavily in infrastructure, a triple play that could spur growth. Todays run also helped by a rise in oil prices. That rise lifted energy stocks. Mike santoli takes a look at the rush of money into stocks. Reporter its a great rotation from bonds into stocks finally happening...