to drive down long-term interest rates. i think there s probably the hope that something comes out of fed chairman bernanke s speech tomorrow that gives markets a positive tone. and i think there s buying being done ahead of that. susie: investors are speculating the fed will announce another round of bond- buying, continue its so-called operation: twist program, or unveil some other stimulus. the dow rose 95 points, closing at its highest level since early may. the nasdaq gained 34 and the s&p 500 tacked on 13 points. meanwhile, some encouraging new data out today shows the housing market may be healing. even though housing starts dropped in may, they were revised significantly higher for april. on top of that, builders filed more permits to build homes and apartments than they have in more than three years. we re kind of in the middle of a gradual recovery in housing. things are improving. demand is improving, but it is very localized and you can t read too much int
Transcripts For KNTV Wall Street Journal Rpt 20120604
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Transcripts For CNBC Wall Street Journal Rpt 20120603
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