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KQED Nightly Business Report July 14, 2024

Nemonth. That seems to be how the market interpreted the central nks pledge to sustain the expansion we told you about yesterday. Oil prices are up more than 5 on geopolitical concerns and oil stocks followed suit. Finally, Interest Rates continued lower with the yield on the tenyear treasury dipping below 2 for a time today to a threear low. He close, the dow rose 24points for a 26,753. The nasdaq added 64, and the s p 500 was up 27 at that record. Bobasez sawny following the action from the new york stock exchange. Whats behind the rally . Theresot of yu foreuphoria about u. S. china trade talks. Energy led the gains, crude oil spiked almost 6 after iran struck a down u. S. Drone in what was called an unprovoked attack. It is amid recent attacks on oil tankers in the persian golfers. The market took aip briefly midday on President Trump saying iran made a big mistake, quot ....

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