KQED Nightly Business Report October 4, 2017
Records that were set for all the major averages, as upbeat car sales and expanding growth across the globe helped to lift stocks once again. The Dow Jones Industrial average rose by 84 points, closed at 22,641. Nasdaq added 15. The s p gained five. And the rally isnt just here in the u. S. Its happening pretty much everywhere, as bob pisani explains for us tonight. Reporter stocks remained in record territory today as the socalled reflation trade continues to power the market to new highs. Reflation means expansion of the global economy, a little bit of inflation, not much. Central banks talk...