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KQED Nightly Business Report November 25, 2017

Sue herera. And im Bill Griffeth in for tyler mathisen. Welcome aboard. Thank you. Here on wall street today, the s p 500 and the nasdaq closed at records on this shortened holiday trading session. But we begin tonight with retail which helped push those indexes to new highs, as investors bet on a strong start to the holiday a critica period for that industry. Lines were long at some stores on this black friday. Early estimates say shoppers could spend more than ever before. And Retail Executives are hoping that that turns out to be the case, especially since unemployment is black friday was very strong online as well as the traffic that came into our stores last night and that are here today in our stores. So a good start to the whole black friday shopping season. Our margins at brookstone are up. The inventory is cleaner. The inventory arrived later this year, on purpose. ....

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