What theyre doing to reconnect with consumers, all that and more tonight on nightly Business Report for tuesday october 21st. Good evening, everybody, and welcome, remember last weeks big selloff when everyone wondered when the bull market croaked . Well, neither do we, upbeat news, news that the European Central bank may buy up Corporate Bonds to boost the struggling economy. You have gains for the spe 500 and the nasdaq, seeing gains on apple and other technology shares, here is how things looked when the closing bells were rung, dow raced up 215 points, Third Straight day of gains pack in positive territory for the year, nasdaq up 3 , a 2. 5 jump on the session, s p 500, up 37, its biggest oneday gain all year long. Bob pasani has more on todays Market Action on the floor of the new york stock exchange. Stocks rallied big behind the highs, why the meltup, several reasons, first, traders believe the fed will be dovish during the week next week, second, apple stabilized causing concer
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