Detailed text transcripts for TV channel - KGO - 20140102:11

Detailed text transcripts for TV channel - KGO - 20140102:11:09:00

over the value of the union's shares. when the deal is complete, chrysler will no longer be an independent company. meanwhile, when the markets open this morning for the first time in 2014, it will be in record territory. the dow jones industrial average had its biggest gain in 18 years. the broader standard & poor's 500 index had its best year since way back in 1997. the tech-heavy nasdaq was up almost 40%. analysts expect the markets to keep gaining so far this morning, though, asian markets are mixed. there was plenty of good spirit yesterday on the streets of philadelphia. >> the city rang in the new year in the traditional mummer style with the 114th annual new year's mummers parade. thousands of spectators lined the parade route as some 10,000 outrageously costumed mummers strutted their stuff. >> the mummers say it takes them all year long to prepare for this one parade. every year new year's day.

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