KQEH Nightly Business Report August 27, 2014
But today was different. And historic. It took just a twopoint gain for the s p 500 index to cross and close above the 2000 level. Its 30th record so far this year. There was some euphoria about the dow, as well. The blue chip average hit a record high of 17,153 in intraday trading but pull back by the close. Some good Economic News helped fueled todays gains. Consumer confidence climbed to its highest level since 2007. Also driving stocks, an unusually high number for big ticket orders called durable goods. Those numbers jumped more than 22 . Skewed by International Demand for aircraft and re...