Wall Street rises on bank rescues, Morgan

by pankaj kumar | October 13, 2008 at 05:53 am
74 views | 0 Recommendations | 0 comments

NEW YORK (Reuters) - Stocks rose on Monday as a push by governments around the world to pump money into the clogged banking system sparked relief among investors and credit markets showed signs of loosening up.

The Dow Jones industrial average .DJI was up 404.29 points, or 4.78 percent, at 8,855.48. The Standard & Poor's 500 Index .SPX was up 35.63 points, or 3.96 percent, at 934.85. The Nasdaq Composite Index .IXIC was up 79.44 points, or 4.82 percent, at 1,728.95

Advertisement

Comments (0)

This story was created over 3 months ago, the comment thread is now closed.

closeSign in to NowPublic

is reporting from