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The American stock indices have risen sharply
After the message the Fed to lower the U.S. base interest rate from 3 per cent to 2.25 per cent on Tuesday indicators major U.S. stock indexes have gone up sharply, transmits Agency France Presse.
Dow Jones Index rose 420.41, paragraph (3.51 per cent) to 12396.66 item, which is a daily record of growth since July 2002. Vysokotohnologichny Nasdaq jumped to 4.19 percent (91.25 points) and the item was 2268.26, while the Standard & Poor's 500 reached 1330.74 item, rising to 4.24 per cent (54.14 points).
Recall Committee on Tuesday to open markets, the Fed, in an effort to encourage moderate economic growth and reduce the risks of economic activity, has announced the reduction of the base rate to 0.75 to 2.25 per cent. This measure is not surpassed the expectations of analysts, who had predicted a significant decline. Since September 2007 the base rate was reduced by more than half. |
Posted: 2:57 AM, 3/19/2008 |
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