KQED Nightly Business Report May 13, 2014
Some retailers profit when they report their earnings. All that and more tonight on nightly Business Report for monday, may 12th. Good evening everyone, and welcome. Im Tyler Mathisen. Road record setting day for the markets with the Dow Jones Industrial average and the broader s p 500 both closing at fresh all time highs. And a rebound in beaten down momentum stocks helped the nasdaq see its biggest one day gain in more than a month. Heres how things wrapped up on wall street. The blue chip dow stocks added 112 points ending at a close of 16,695. The nasdaq was up 72, nearly 2 jump and the s ...