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- 20 December 2007
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about time as i was starting to get worried!
looking at the iaps most stocks are already up 2-5% and it's only 8.15 EST
have a good day all
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NEW YORK (CNNMoney.com) -- Stocks rallied Tuesday as investors welcomed news that the Federal Reserve will lend up to $200 billion to banks and lenders as a means of loosening up tight credit markets.
According to early tallies, the Dow Jones industrial average (INDU) jumped almost 417 points, its fourth-biggest one-day point gain ever and the biggest one-day point gain since July 2002. In percentage terms, the gain of 3.55% was the best since March 2003.
The blue-chip index had ended the previous session at a 17-month low.
http://money.cnn.com/2008/03/11/markets/markets_afternoon/index.htm
looking at the iaps most stocks are already up 2-5% and it's only 8.15 EST
have a good day all
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NEW YORK (CNNMoney.com) -- Stocks rallied Tuesday as investors welcomed news that the Federal Reserve will lend up to $200 billion to banks and lenders as a means of loosening up tight credit markets.
According to early tallies, the Dow Jones industrial average (INDU) jumped almost 417 points, its fourth-biggest one-day point gain ever and the biggest one-day point gain since July 2002. In percentage terms, the gain of 3.55% was the best since March 2003.
The blue-chip index had ended the previous session at a 17-month low.
http://money.cnn.com/2008/03/11/markets/markets_afternoon/index.htm
