KQEH Nightly Business Report September 13, 2016
That alleviated some of the concern in the market that we saw on friday. When stocks tumbled when another fed official said an Interest Rate hike may be just around the corner. But todays speech by brainard was the last appearance ahead of next weeks meeting of policy makers. Her cautious language sent stocks sharply higher. The Dow Jones Industrial average climbed 239 points to 18,325. The nasdaq added 85, and the s p 500 jumped 31. We begin with two reports tonight. Bob pisani tells us why the markets are being whip sawed by the fed, but first Steve Liesman on what exactly Central Bank Offic...