KQED Nightly Business Report November 4, 2014
Good evening, everyone and welcome. November, it is a month most investors embrace because its famous for starting what historically has been the most bullish sixmonth period for stocks dating back to 1950. But fresh off fridays record high closes for the dow and the s p 500, the markets began this november with a whimper. Early in the day, stocks did rise on favorable data about u. S. Manufacturing. At one. In fact, both the dow and the dow and the s p set fresh intraday highs then came the sharp selloff on oil and that sent Energy Stocks down. The Broader Market followed suit. Heres how thin...