Wall Street Rallies on Monday
Source: http://Blog.QualityStocks.net/?p=12894Posted on Monday, October 13th, 2008 | In Small & Micro Cap
Contributed by: QualityStocks (http://QualityStocks.net) -
Following what was arguably the most disappointing week in stock market history, America’s three major indeces showed signs of recovery on Monday. The Dow spiked as much as 600 points as governments around the globe announced major steps toward financial relief. Indeed, relief was the general feeling down on the Street; a welcome change following eight days of relative panic. The NASDAQ and the S&P also jumped several percentage points. As of 2:30 pm edt, all three indeces were showing increases of six percent or greater.
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