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Wall Street Rallies as Election Draws to a Close

Source: http://Blog.QualityStocks.net/?p=13252
Posted on Tuesday, November 4th, 2008 | In Small & Micro Cap
Contributed by: QualityStocks (http://QualityStocks.net) -

The end of the 2008 presidential campaign brought some relief to investors this Tuesday, as the Dow Jones Industrial average soared as high as 9,633 before 12:00 PM EST. Historically, gains on Wall Street are a characteristic of Election Day, although there were other factors playing into Tuesday’s upbeat sentiment. Interest rates among banks for short-term lending fell once again, as well as a better-than-expected third quarter earning report from credit-giant, MasterCard.

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Dow 30, Small & Micro Cap, wall street




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