KQEH Nightly Business Report August 3, 2016
The reasons ib collude falling oil prices, mixed auto sales and concerns over the italian banks. Not even a stimulus package out of japan was enough to calm fears. Dow industrial average lost 90 points. It has been down as much 150 points. E nasdaq was off 46 snap its fiveday win streak and s p 500 fell 13. As for oil prices, they settled below 40 a barrel for the first time april and the auto stocks shift lower today after july sales pain a mixed picture. Sharfiat chrysler fell today. Overall, the pace of s increasing autom while maintaining strong profits. Phil bow has more. Afterf rising au...