WHYY Nightly Business Report August 25, 2014
Trading and marking the latest milestone in the stock markets historic bull run. Corporate takeovers, which well have more on in just a moment. And hints of more stimulus from the European Central bank help stocks hit that psychologically important number. Adding to the enthusiasm, a report from the chicago Federal Reserve, which shows Economic Activity expanding at a rate above its historical trend. By the closing bell, the dow rose 75 points. The nasdaq added almost 19 and the s p 500 up nine and a half points closing at 1997. 92. Dominic chu has more on the 16year journey for the s p 500 to...