Tuesday 14 October 2008

US Stocks Soar after Crisis Talks

BBC: Wall Street shares rocketed 11% on Monday as investors welcomed fresh moves to deal with the worldwide financial crisis.

The Dow share index surged 936 points, ending at 9,387 points, after falling dramatically in the previous week.

Investors were helped by news the US government wanted to put in place its $700bn bank bail-out quickly.

This followed fresh moves by European governments to inject extra cash into their own banks.

Investors have generally welcomed the moves by governments. US Stocks Soar after Crisis Talks >>> | October 13, 2008

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