KQEH Nightly Business Report March 7, 2013
The nasdaq though edged nearly two points lower, pulled down by apple and google. The markets began the day higher after better than expected news about jobs with payroll firm adp reporting 198,000 private sector jobs added back in february, more than economists expected. Also helping today, applications for new Mortgage Loans shot up 15 last week after Home Mortgage rates edged a tad lower. New records have a way of making investors feel optimistic. They also triggered new worries as people try to figure out if the next milepost is dow 15,000 or dow 13,000 again. At these heights, theres fear...