KQED Nightly Business Report January 12, 2018
Extending the new years rally. Today Energy Shares led the way on a rise in oil prices and a strong start to the earnings season thanks to deltas better than expected results and guidance. The dow jones industriae advanced 205 points to 25,574. Nasdaq added 58. And the s p 500 was up 19, rising on seven of the first eight trading sessions of the year. The Worlds Largest retailer is handing out pay raises. Walmart, which is also the nations largest private employer, will pay workers a starting salary of 11 an hour. Employees are also getting a onetime bonus of up to 1,000 depending on how long ...