KQED Nightly Business Report January 26, 2016
On wall street today. Stocks were holding their own for a while, but a better than 7 sell off in oil was too much and things fell apart in the afternoon. The drop improved after a few days of stabilization reignited growth concerns. The Federal Reserve begins a two day meeting tomorrow. While no Interest Rate move is expected, the feds view and tone on the economy will be key. There is also a lot of data for investors to pour over this week as well as about quarter of the s p 500 Companies Reporting their earnings. The dow fell 215 points. The nasdaq dropped 72 and the s p was off 29. Shares o...