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Transcripts For KQED Nightly Business Report 20180117

The opening bell, piercing thh 26,000. It seemed like the he will rally was entering a new phase. But then a turn. And then a collapse. The rally was no more. The indexes turned negative. And when the closing bell rang, the dow swung nearly 400 points in total, its biggest reversal in yearly two years. At the close, the Dow Jones Industrial average fell ten points to 25,792. The nasdaq was off 37, and the s p 500 drope wild day was a he scratcher. Bob watched from the new york at it a color coaster ride for the markets with the cow opening at a new record of 26,000. But shortly after that milestone, with the dow up 283 points in the middle of the morning, investors just seemed to lose interest and the markets drifted lower into the afternoon with the dow ending fractionally negative. What happened . Shutdowns later on. Up y but for most traders the markets reached such lofty levels it was logical to take profits. You cant blame them for thinking this way. Much of the early rally was fu

Budget deal in place, legislators race toward end of session

Oklahoma House, Senate continue compromising on budget

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