KQED Nightly Business Report August 12, 2016
For you here on nbr closed at records today, something that hadnt happened simultaneously since 1999. Back then technology played a big role in driving the markets. A combination of factors that boosted investor oil prices, strong earnings from Department Stores and positive news on the jobs market. Lets get right to those recordbreaking numbers. The Dow Jones Industrial average added 117 points to a record 18,613. Nasdaq up 23 to a record 5228 and the s p 500, ill say it again, gaining 10, a record 2185. As for domestic crude, it settled up more than 4 on comments from the Saudi Oil Minister ...