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Markets surge on stimulus hopes

Discussion in 'General Marketing' started by temi, Dec 9, 2008.

  1. temi

    temi Facilitator Webmaster

    S shares echoed gains in stock markets worldwide on hopes that new stimulus plans in the US and other countries will revive global economic growth. The Dow Jones index ended Monday up 299 points or 3.5% to 8,932, shrugging off Friday's grim unemployment data. The Nasdaq and S&P's 500 also gained.
    In the UK, the FTSE 100 ended up 6.2%, while Germany's Dax added 7.6%, and France's Cac finished up 8.7%.
    Earlier in the day, stock markets around Asia also raced ahead.

    soruce: bbc

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