KQEH Nightly Business Report January 22, 2015
Volatile trading day with stocks ending modestly higher as anticipation builds for the expected announcement of a massive stimulus package from the European Central bank. Heres how things looked at the close. The dow up 39 points despite a big drag from a 3 decline in shares of ibm following weaker full year guidance. The nasdaq was up 12 and the s p added 9 points. With stocks gains and losses today, investors are looking for some real direction tomorrow when we learn just what the ecb has in store for europe and for the global economy. The European Central bank has one big tool left in its b...