Friday, October 8, 2010

Wall Street hits 5 month High

Wall Street soared to its highest level in 5 months!

This was after recent news that Japan was going to lower interest rates and inject cash into its economy. This sparked interest that the US Federal Reserve might do likewise and re-introduce crisis era measures should the economy lag.

Job data from the US has not been looking good recently and there are fears that the economy still will not take off after all the measures taken.

Let's hope this translates into good news for the Singapore stock market too.

No comments:

Related Posts Plugin for WordPress, Blogger...

My Blog List