KQED Nightly Business Report February 28, 2015
Both indexes closing at record highs a handful of times this month and the nasdaq inched ever closer to what we thought wed never see again, 5,000 and it wasnt just stocks. Oil which had been on a downward trajectory may have found a floor scoring biggest monthly gain since 2009. So for the month, blue chip dow index rose more than 5 nasdaq gained 7 best month since january of 2012 and s p 500 rose about 5. 5 and all this came despite a pullback today with the dow falling 81 points to 18,132. Nasdaq down 24 points to 4,963 and s p 500 lost 6 points. Dominic chu looks at what was behind the feb...