KQEH Nightly Business Report February 13, 2016
Years gaining 12 on hopes of a possible Production Cut that we told you about last night. The Banking Sector also pitched in having its best day since 2011. Helped out by a big buyback that well tell you about in just a few moments. Some strong Economic Data helped out as well. Add it up and a recipe for a rally. The dow was up 2 to close at 15,973. Nasdaq rose 70. The benchmark s p 500 added 35. Thats also about 2 . For the week it was a different story. The dow was the big loser down nearly 1. 5 . The nasdaq and s p both off more than. 5 . Bob pesani has more on todays rally. Reporter the ma...