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Transcripts For KQED Nightly Business Report 20160130

Defying neat explanations. Polar vortex . Not this year. Bipolar market, you bet. That pretty much explains january. On this final day of trading for the month stocks in a deep funk for much of january, roared higher. Dow jones industrial average rallied 396 to 16,466. Good for the indexs best percentage gain since august. The nasdaq climbed 107. The s p 500 gained 46. Todays drivers were an Interest Rate cut in japan and weaker than expected Economic Growth data in the u. S. Taken together those two factors suggest that american Interest Rates may move little, if at all, for many months. Todays strong finish merely masked a mostly moribund month. This january will be remembered for producing the worst tenday start to a year ever. The plunge in oil prices, big stock losses in china, fears of a global slowdown gripped the market and sent shares sliding. And the final tally for the month, its ugly. The dow lost 5. 5 , worst january since 2009. Nasdaq off 8 or so, its worst showing in any

Transcripts For KQED Nightly Business Report 20160130

Turbulence and transition, defying neat explanations. Polar vortex . Not this year. Bipolar market, you bet. That pretty much explains january. On this final day of trading for the month stocks in a deep funk for much of january, roared higher. Dow jones industrial average rallied 396 to 16,466. Good for the indexs best percentage gain since august. The nasdaq climbed 107. The s p 500 gained 46. Todays drivers were an Interest Rate cut in japan and weaker than expected Economic Growth data in the u. S. Taken together those two factors suggest that american Interest Rates may move little, if at all, for many months. Todays strong finish merely masked a mostly moribund month. This january will be remembered for producing the worst tenday start to a year ever. The plunge in oil prices, big stock losses in china, fears of a global slowdown gripped the market and sent shares sliding. And the final tally for the month, its ugly. The dow lost 5. 5 , worst january since 2009. Nasdaq off 8 or s

Transcripts For KQEH Nightly Business Report 20160130

Defying neat explanations. Polar vortex . Not this year. Bipolar market, you bet. That pretty much explains january. On this final day of trading for the month stocks in a deep funk for much of january, roared higher. Dow jones industrial average rallied 396 to 16,466. Good for the indexs best percentage gain since august. The nasdaq climbed 107. The s p 500 gained 46. Todays drivers were an Interest Rate cut in japan and weaker than expected Economic Growth data in the u. S. Taken together those two factors suggest that american Interest Rates may move little, if at all, for many months. Todays strong finish merely masked a mostly moribund month. This january will be remembered for producing the worst tenday start to a year ever. The plunge in oil prices, big stock losses in china, fears of a global slowdown gripped the market and sent shares sliding. And the final tally for the month, its ugly. The dow lost 5. 5 , worst january since 2009. Nasdaq off 8 or so, its worst showing in any

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