KQED Nightly Business Report December 9, 2016
Levels. After a quiet morning, momentum picked up midday thanks to gains in financials and material stocks. Investors are betting the new administrations policies would support growth and inflation. Today, the dow added 65 points to 19,614. The nasdaq advanced 23. And the s p 500 was up four. One of the hottest groups since the election has been the transportation sector. Tonight, Morgan Brennan explains why. Reporter transports keep on trucking, driving the prospects for Stronger Economic growth. Infrastructure spending and Corporate Tax reform, which investors seem to believe outweigh the ri...