Friday, September 19, 2008

Trading in WallStreet - September 19, 2008

Dow Jones Industrial Average(DJIA) Summary
Index Value: 11,388.44
Trade Time: Sept 19
Change: Up 368.75 (+3.35%)
Prev Close: 11,019.69
Open: 11,027.51
Day's Range: 11026.70 - 11483.05

WallStreet launches another huge rally as the US government readies funds (around $500-$800 bn) to purchase mortgage related debt and to insure losses in money market investments.
Also, short selling in 799 financial stocks have been banned until October 2.

World Crude prices again rises above the $100 a barrel level.

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