Wall Street Ends Rough Week on a Rebound
Source: http://Blog.QualityStocks.net/?p=13321Posted on Friday, November 7th, 2008 | In Small & Micro Cap
Contributed by: QualityStocks (http://QualityStocks.net) -
After a week’s worth of tumultuous conditions, there was finally some relief for battered stocks on Friday. The Dow jumped as much as 200 points, or roughly two percent, with the Nasdaq and S&P logging similar percentage gains. This increase came in defiance of a weak report from the U.S. Department of Labor citing a fourteen-year high 6.5 percent rate of unemployment. Gains on the day tapered following an address from president-elect Barack Obama.
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Tags for this Post:
Barack Obama, Dow 30, Nasdaq 100, Small & Micro Cap, U.S. Department of Labor, wall street
Barack Obama, Dow 30, Nasdaq 100, Small & Micro Cap, U.S. Department of Labor, wall street
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