KQEH Nightly Business Report November 19, 2015
Hand handle a rise in interest rates. The minutes from the Central Banks last meeting in october provided the clearest evidence yet that most but not all policymakers think the time is right for a rate hike and that a delay could increase market uncertainty. That helped stocks extend their gains. The Dow Jones Industrial average rose 247 to 17,737. Nasdaq jumped even more in percentage terms, gaining 89 points, and the s p 500 added 33. Steve liesman has more now on the thinking inside the central bank. Minutes of the feds october meeting make explicit what the statement had already said, that...