KQED Nightly Business Report March 1, 2011
period of time. take last week for example-- the worst one for stocks since august. crude oil prices jumped 15% in a matter of days. in that same time frame, the s&p 500 lost nearly 3%. big board specialist jonathan corpina says equity investors are reacting to fear of the unknown. >> if we're going to see oil prices move higher, it's because there's uncertainty in the middle east. and, when there's uncertainty in the middle east that can reflect to uncertainty globally and any type of uncertainty, investors pull their money to the sidelines. >> reporter: in the summer of 2008, when ...