KQED Nightly Business Report November 23, 2013
Increase buybacks in the new year. That and more tonight on nightly Business Report for this friday, november 22nd. Good evening everybody and welcome. Investors poured more money into stocks driving the dow and s p 500 to new alltime closing highs. For the s p 500 it was a milestone day and settled above 1800 for the first time ever. It is now up seven weeks in a row and now stands 27 , the s p above where it started the year and if the index stays at that level through year end, the annual gain will be the greatest in 15 years. The favorable reading on midwest manufacturing helped stocks tod...