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KQED Nightly Business Report July 13, 2024

Betweenhe u. S. And china dampened investor sentiment. The markets re after chinese president xi called for better communication between beijinggt and wash. The Dow Jones Industrial average was up 109 points. The nasdaq added 13 and the s p 500 rose 6. But it wasntnough to lift the indices for the week. First thing this morning, there was a headline from the wall street journal that got just abouteverybodys attention. It read bridgewater bets big on market drop. Now Bridgewater Associates is the Worlds Largest hedge fund with about 150 billion under manaorment. The r said the fund had purchased roughly 1 billion worth of put options, a bet that would, a bet that the market would go down. Around middabridgewater rest. Er ray dalio put ito its wrong, i want to make it clear that we dont havech any et that the ....

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