KQED Nightly Business Report May 31, 2014
Good evening, everyone, well, it looks like sell in may and go away didnt quite work out this time. Both the simply and dow closed at new record levels today on the last trading day of the month, stocks lower for today following a disappointing surprise on the economic front showing Consumer Spending in april fell for the first time in years as prices started to inch up. But despite that the bulls persevered. The dow closed at an alltime high, the s p putting on three and a half points to 19,023, but the nasdaq fell five months, for the months the nasdaq was the best, gaining 3 , the dow up 1 ...