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Transcripts For KQED Nightly Business Report 20151024

August, september. S p 500 now on track for its best month in four years. It has now turned positive for the year. The nasdaq closed today at a twomonth high, back above 5,000. And the Dow Jones Industrial average notched a 2 1 2 gain just this week. It seems like all those big worries that consume the market like china, earnings, and the Federal Reserve, they dont seem all that big after all. At least for now. Today the blue chip index rose 157 points to 17,646. Nasdaq gained triple 1s. 111. Mostly on those strong tech earnings we told you about last night. And the s p 500 added a double deuce. 22. As for the week, all of the major indexes saw gains of at least 2 . And todays rally started with a surprise. An announcement from the Chinese Central Bank. Eunice yoon has the details from beijing. Reporter the Chinese Central Bank cut Interest Rates by 25 basis points and reduced the reserve requirement ratio at the banks by 50 basis points. On state radio the chinese premier said that th

Transcripts For KQEH Nightly Business Report 20151024

August, september. S p 500 now on track for its best month in four years. It has now turned positive for the year. The nasdaq closed today at a twomonth high, back above 5,000. And the Dow Jones Industrial average notched a 2 1 2 gain just this week. It seems like all those big worries that consume the market like china, earnings, and the Federal Reserve, they dont seem all that big after all. At least for now. Today the blue chip index rose 157 points to 17,646. Nasdaq gained triple 1s. 111. Mostly on those strong tech earnings we told you about last night. And the s p 500 added a double deuce. 22. As for the week, all of the major indexes saw gains of at least 2 . And todays rally started with a surprise. An announcement from the Chinese Central Bank. Eunice yoon has the details from beijing. Reporter the Chinese Central Bank cut Interest Rates by 25 basis points and reduced the reserve requirement ratio at the banks by 50 basis points. On state radio the chinese premier said that th

Transcripts For KQED Nightly Business Report 20151024

August, september. S p 500 now on track for its best month in four years. It has now turned positive for the year. The nasdaq closed today at a twomonth high, back above 5,000. And the Dow Jones Industrial average notched a 2 1 2 gain just this week. It seems like all those big worries that consume the market like china, earnings, and the Federal Reserve, they dont seem all that big after all. At least for now. Today the blue chip index rose 157 points to 17,646. Nasdaq gained triple 1s. 111. Mostly on those strong tech earnings we told you about last night. And the s p 500 added a double deuce. 22. As for the week, all of the major indexes saw gains of at least 2 . And todays rally started with a surprise. An announcement from the Chinese Central Bank. Eunice yoon has the details from beijing. Reporter the Chinese Central Bank cut Interest Rates by 25 basis points and reduced the reserve requirement ratio at the banks by 50 basis points. On state radio the chinese premier said that th

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