KQED Nightly Business Report June 22, 2024
Home. The tone was set early on by china that barred big investors for selling listed shares for six months. The sharp move higher fell back to earth. The dow jones held on to a gain of 33 points. It had been up as much as 249. Nasdaq rose a dozen and the s p added 4. It was the unusual move in china that sent the shanghai composite up nearly 6 . We have more now from beijing. The Chinese Media talking about a National Sports team saying theyre truly taking action. The market rallied by 6 today. They enhissed state owned enterprises to stop selling shares. We also learned that police are inves...