TITLE

Bulls Rampage After Federal Bailout

AUTHOR(S)
Schachter, Ken
PUB. DATE
September 2008
SOURCE
Red Herring;9/19/2008, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the status of the stock markets after the U.S. announced a bailout plan to acquire he toxic mortgage-backed securities that have affected markets around the world. The Dow Jones Industrial Average surged 385 points while Nasdaq increased to 47 points. The Morgan Stanley High-Technology Index rose to 3.4%, Apple at 5.7%, and Google at 10.8%. Asian stocks also moved ahead with Japan's Nikkei 225 at 3.8% to 11,921 and the Hang Seng Index vaulting 9.8% to 19,328.
ACCESSION #
36646765

 

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