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Transcripts For KQED Nightly Business Report 20180110

Believe that. They did it again and theres no oops attached. The major indexes, all of them, closed higher today than ever before. Youve heard that a lot lately, but heres something you havent. The s p 500 is having its best start to a year since 1987. And not since 1964 has the s p 500 set six consecutive records to begin a year. Investor optimism is high. Here are the happy and not at all fake numbers for the day. The dow advanced 102 points to 25,385. Nasdaq added six. The s p 500 was up four. Now comes the moment of truth. Quarterly profit results. And as bob pisani reports, expectations a. Reporter its been an amazing start to the year. The s p is up six days in a row, about 3 , its best start since 1987. Earnin season is now upon us. Prices and evaluations are at record highs. Its fair to say expectations are also very high. This past quarter has been very unusual. Analysts have been even more optimistic than they usually are. They typically start optimistic and then lower earnin

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