KQED Nightly Business Report December 25, 2013
Good evening, everyone, on this christmas eve. Im suzy. Tyler is off tonight. So it looks like santa started his rounds a little early today. Stocks edged higher thanks to some encouraging data about manufacturing and housing and well have more on both those topics in just a few minutes. Traders called todays gains the start of a socalled santa claus rally. Thats when stocks rise in the final five trading sessions of the year and on wall street thats a bullish signal for the new year. Today investors and traders spread a little Holiday Cheer to each of the major averages. The dow and the s p p...