KQEH Nightly Business Report March 12, 2016
Since november. The catalyst, some pin the it on investors taking a more optimistic view yesterdays moves by the European Central bank to cut rates and expand its stimulus program. Others by contrast say it was a report that helped lift oil to its highest price since december. More on that in a moment. Whichever one you choose it was a good day for stocks. The dow roles 218 points to 17,213. The nasdaq gained 86. The s p 500 rose a big 32. As for the week, the dow and s p added roughly 1 , the nasdaq a little less than that. Oil got that lift today following a report by the International Energ...