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KQED Nightly Business Report July 13, 2024

Alltime high extending its gain into the fourth week as investors cheered corporate earnings. According to Lpl Financial today is historically the best day o the year f stocks and it stts the best sixmonth stretch for the ma det. Toda not disappoint. The dow jones industrtrl average was up to 27,090. Theed nasdaq a 82 and the s p 500 rose 16. And as you know, earnings can often drive rallie but this move higher appeave to be d by whats not being said on all ofhose earnings conference calls. Bob pisani explains. Were coming up on the halfway part of the earnings seas one word investors are not hearing is recession. Plenty of issues out there but the u. S. Consumer which is the engine of Global Growth istill holding up. Weve been scanneding the conference calls. 32 companies have mentioned the wordsion and that along with hopes of a trade deal is the major reaso the s p is hiing record highs today. The consumerer holding up. Bank and credit card ceos in partular have painted healthy pict

Eight street racing suspects arrested in southeast Reno

Eight street racing suspects arrested in southeast Reno
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