KQED Nightly Business Report June 30, 2016
Sometimes teach very hard lessons and the past four trading sessions have been well, lets just say instructive. Violent declines friday and monday following britains vote to leave the European Union. The dow lost 900 point, but then came tuesday. A 269point gain for the dow. One oftoday, even better. Stocks rallied around the globe and here in the u. S. All three indexes rising more than 1. 5 . The lesson, what goes down fast can snap back equally quickly. Today, the dow r close at 17,69. The average has now recovered more than half of its post vote losses. The nasdaq rose 87 and the s p 500 c...