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KQED Nightly Business Report July 14, 2024

The week, stocks have reversed course. Tonvestors were encouraged by a rebound in global bond yields and some strongerthanexpected trade data out of china. Theit up and you hav recipe for a rally. The dow rose 371 points to 26,378. The nasdaq climbed 1 and the s p 500 added 54 and is now positive for the week. Bob pisani has been looking at some themes emerging in this market. Reporter talk about a wild ride on wall street. Stocks regained theirto footing y with the dow surging more than 300 points. The s p 500 bouncing back to right about where it closed last friday. Thats a remarkable ride. Stocks got a lift as bond yields have risen off of their lows and asin s currency has stabilized, at least for the movement. Cyclically, economically sensitive groups Like Technology and industrials, they led todays gain. Theyre now all positive for the week. Theres two big themes emerging that investors are paying attention to. First, is th ....

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