WETA Nightly Business Report November 4, 2010
this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> tom: good evening and thanks for joining us. call it the "fed effect." the major stock averages roared to two-year highs today. all this a day after the federal reserve announced its big plan to pump money into the economy. it was rally time here at the big board. the dow rose 2%. let's run down the closing numbers: the dow surged 220 points, the nasdaq rose 37, and the s&p 500 up 23. stocks have been rallying ever since august, when fed chairman ben be...
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