KQED Nightly Business Report June 18, 2016
Uncertainties weve been telling you about, including great britains vote next week whether to leave the European Union and the federal reserves forecast of slow Economic Growth. The Dow Jones Industrial average capped this rocky week with a decline of 57 points finishing at 17,675. Nasdaq dropped 44. And the s p 500 fell 6. For the week, all of the major indexes lost more than 1 . And concerns over slow growth may not bode well for one of the most critical forces in investing, corporate profits. Forget the fed. Set aside the vote on britain leaving the European Union. In the long run, and prob...