Nightly Business Report
PAUL Kangas, Nightly Business Report Moderator: “Santa strike in the New York Stock Exchange. It offers investors a gift of four to four on blue chips such as Dow closes in the black each trading day this week. And he closed until today, despite a bouquet of colorful messages on the economy.
Susie Gharib, Nightly Business Report Moderator: “Another word of caution tonight on the painkilling drug Celebrex. This time it` s the Food and Drug Administration in weighing more than that, and even other types of medicines.
Kangas: The auction of Yukos, the giant oil may be the beginning of something great in Russia, a very tough approach against the privatized enterprises. And this may be the point of departure of foreigners prefer to invest their money.
Gharib: And tonight `s” Market Monitor “client specializes in closed funds,” he said in 2004 was a banner for the new year. He `heart of the zone by Thomas, president of Thomas J. Herzfeld Advisors.
Kangas: I `m Paul Kangas.
Gharib: And I `m Susie Gharib. It’s Nightly Business Report for Thursday, December 23. Good evening everyone. Blue Chip investors in equities have an early Christmas gift today. The Dow added 11 points only, but it was enough to send an average price of 3 1 / 2 year high. The Nasdaq rose three points to close, close to its high level of the year. The new economic data today showed a rise in consumer prices, but a sense steep decline in new home sales. Scott Gurvey reports.
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