KQED Nightly Business Report September 4, 2014
Auto sales were red hot in august giving a huge boost to the u. S. Economy and well have more on that in just a moment. But we begin tonight with apple. Shares tumbled 4 today and that almost single handily dragged down the nasdaq compos index. One week ahead of what should be a shining moment when its expe to unveil the iphone six, they closed below 99 a piece, just a day after apple shares hit an alltime high of 1 103. It caused the nasdaq to drop and the s p lost one point. So what happened today . One analyst told investors to take profits saying hes skeptical the Product Launch will resul...