KQEH Nightly Business Report December 8, 2016
Big blue chips that made those records. The s p 500 hit alltime highs. Small caps did, as well. And the transports surged. Here are the numbers. The dow advanced 297 points to 19,549. The nasdaq added 60, the s p 500 gained 29. As for the small cap russell 2000 index, it pushed further into record territory, and as bob pisani explains, there are some powerful Market Forces at work. The market tone is changing. In november, the market theme was buy trump sector winners. The banks and the industrials, for example. Right after the election, there was an extraordinary shift into those banks, the i...