KQED Nightly Business Report January 4, 2018
Its within 80 points of it, in fact. The s p 500 today traded above 2,700 for the fire ever. And the nasdaq solidified its position well above 7,000. So why . Well, the latest readings on the economy were strong. And there is optimism that corporate profits will rise again this year. Now, thats what investors focused on today, brushing off a double dose of drama in washington. First came controversy over president ial tweets about nuclear buttons. Next was a bombshell white house statement in which mr. Trump excoriated and basically excommunicat his former chief strategist steve bannon. Bannon...