KQED Nightly Business Report September 3, 2015
Investors turn their attention to a rap of mostly economic data. The strongest pace of productivity growth in a year and a half. Along with a drop in labor costs. The private adp survey of job growth was steady and that also helped a bit. Add to that the feds view that the economy is growing and you had a recipe for a stock bounce. By the close, the Dow Jones Industrial average rose 293 points. To 16,351. The nasdaq rose 113, and the s p 500 add 35. Bob delves a little deeper into the rally. Reporter the markets started up and stayed up. Why was there a rally . China was relatively quiet. Then...