KQEH Nightly Business Report August 30, 2016
Thats what investors seem to be saying as there was no fear of the fed, at least not today. Some of the pros on wall street said the market was reassessing whether the Federal Reserve will raise Interest Rates as early as next month. As a result, stocks closed higher with financials leading the way. The Dow Jones Industrial average rose 107 points to 18,502. The nasdaq climbed 13, and the s p 500 added 11. This bull market is more than seven years old and with stocks flirting with record levels, there is always a camp concerned with the pullback and naturally the bull carved thinking this is j...