Report their earnings. All that and more tonight on nightly Business Report for monday, may 12th. Good evening everyone, and welcome. Im Tyler Mathisen. Road record setting day for the markets with the Dow Jones Industrial average and the broader s p 500 both closing at fresh all time highs. And a rebound in beaten down momentum stocks helped the nasdaq see its biggest one day gain in more than a month. Heres how things wrapped up on wall street. The blue chip dow stocks added 112 points ending at a close of 16,695. The nasdaq was up 72, nearly 2 jump and the s p was up 18, closing at a new high of 1896. So what was behind todays rally in stocks . What may happen in the markets in the days ahead . Bob pisani has more. Reporter stocks started up and stayed up today. No late day fade at all. The dow industrials, the dow transports and the s p 500 all closed at historic highs. Several factors kept the rally going all day long. First and foremost there was stability in the two most volatil
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