KQED Nightly Business Report August 20, 2014
Averages. Housing stocks surged last month and earnings went through the roof at home depot making it the best performing stock in the dow today. Well have more in just a moment. Encouraging news about inflation. Consumer prices rose 1 10th of 1 in july, this is the slowest gain since february. A sharp drop in gasoline prices offset a rise in food costs keeping inflation in check. By the closing bell, the dow was up 80 points, the nasdaq rose 19 and s p added nearly ten points and is just a half a percent high of the alltime record close. More now on the rebound in new Home Construction last m...