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Transcripts For KQEH Nightly Business Report 20140305

Can the troubled neighborhood Electronics Retailer reverse the trend in this ultracompetitive environment . All that and more tonight on nightly Business Report for tuesday, march 4th. Good evening, everyone. Russia retreats and wall street gets a massive relief rally. Investors bought up stocks after russian president putin pulled troops back from the border of ukraine, allaying worries about an imminent military showdown. The major averages surged 1. 5 or more, posting their biggest gains so far this year. Even setting a new record close for the s p 500. Now those skyhigh gains wiped out all of yesterdays losses and even russias stock market which lost 12 on monday rose more than 6 today. Heres a look at the closing numbers. 9 dow soared 227 points, the nasdaq ended at a fresh 14year high adding almost 75 points and the s p jumped 28 points to 1873. Thats a record hi ....

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