It's Friday, the 3rd of December. I'm David Brancaccio. Wall Street gave investors a nice Hanukkah present tonight, with the Dow Jones Industrial Average rising 247 points or 2.25 percent. One trader outside the New York Stock Exchange was pleased and a bit puzzled. And nobody can quite figure it out though, I'll tell you that.
Nobody can quite figure it out.
Everybody's scratching their head. The Nasdaq Composite index today gained 67 points or about two percent. Joining us without further delay is Texas stock broker and business analyst David Johnson. David, I need a better explanation for how the Dow today got back within spitting distance of its all-time high set in August. We wished that we could have more economic numbers that show growth in the economy without any up-tick in inflation.