KQED Nightly Business Report November 13, 2015
In oil and gas prices that forced down Energy Company shares in the s p 500. They fell 2. 4 today. 5. 4 so far this week. Fed chatter didnt help. Evans, dudley, lacquer, yellen, they all spoke. None broke new ground, but none quelled worries that Interest Rates may rise at the Central Banks next policy meeting in december. More on that in a moment. Meantime, the Dow Jones Industrial average fell 254 points to 17,448. Nasdaq declined 61. The s p 500 off 29 and is now negative for the year. Dow component cisco issues a disappointing outlook despite reporting a rise in profit. The Network Equipme...