Saturday, April 4, 2009

Trading in WallStreet - April 3, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,017.59
Trade Time: April 3
Change: Up 39.51 (+0.50%)
Prev Close: 7,978.08
Open: 7,980.63
Day's Range: 7,897.24 - 8,019.50

Despite the US losing more than 600,000 jobs for the third month and unemployment at its highest in 25 years (8.5%), the DJIA was able to end slightly higher and above the 8000 level.
WallStreet ends with its best 4-week run since 1933. From March 12, when the DJIA closed at 6930.40, it has now risen 1087.19 points (15.69%).
The G-20 pledges more than $1.1 trillion to fight worldwide recession.

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