Dow jumps 400 as government pledges bank aid

茶叶

Monday October 13, 9:41 am ET

Dow jumps 400 in early trading after governments pledge broad action to prop up banks
NEW YORK (AP) -- The Dow Jones industrial average is up 424 at the 8,875 level in early trading today as Wall Street is snapping back from last week's devastating losses on growing hopes the stock market will finally find some footing. Investors are cautiously optimistic after the Bush administration and European governments pledged coordinated actions to help the crippled financial system. The Treasury has said it plans to buy U.S. bank stocks. A rebound was to expected at some point after the Dow Jones industrials lost nearly 2,400 points over eight sessions. But the rally, which saw the Dow shoot up more than 400 points in the first minutes of trading, doesn't mean that the market is now finished with the intense volatility of recent weeks.

the market is coming back  $em23$

我想说 主要是中国是社会主义国家把  不是资本主义...  {gx}  要是中国也需要救市的话 ，那2008年  中国真的是 一衰到底了 ...

we can c how it will go ?

原帖由 大T木 于 2008-10-14 00:14 发表
american sucks,....
transfering the financial crisis to the other countries...
but china now stronger , not afaid of it

China also has been affected, last the week, the index of Shanghai market was 1927 points , today  the market went back to 2000 points and closed at 2074 points. Undoubted that China is part of global economy, the global supply and demand relationship also significantly drives our economy, as the global economy is in the downswing and Global needs are shrinking , the Chinese GDP has been measured from 11% to 9%.

[ 本帖最后由 茶叶 于 2008-10-14 00:27 编辑 ]

american sucks,....
transfering the financial crisis to the other countries...
but china now stronger , not afaid of it

except Japanese Nikkei market didn't open t today. other global main stock markets increased dramaticly, especially in HK, Hang Seng raised 10.24% {cf}

Australian stock market also gained more than 200 points.