KQED Nightly Business Report June 15, 2016
Will head to the polls next week to decide whether the United Kingdom should exit the european union. The markets have largely shrugged off that threat but that is starting to change. Over the past few days volatility has risen and stocks have come under pressure as poll after poll show grow support for the leave campaign. And that is why stocks were lower again today. The Dow Jones Industrial average average fell 57 points to 17,674. The nasdaq down almost 5. The s p 500 was off 3. As investors flee stocks, money is pouring into relatively safe investments. So much so that the yield on german...