KQED Nightly Business Report January 23, 2015
European central bank designed to help jump start the regions sputtering economy. Starting in march, the European Central bank will buy upwards of 70 billion worth of government and private bond. Every month for at least the next year and a half or as long as its needed. That aggressive stimulus that could total more a trillion dollars was even more than Global Investors expected which helped stock here and around the world move higher today. On wall street the dow soared 259 points with the utilities index setting an all time record high. Todays 83 points gain in the nasdaq and 31 points for ...