U.S. Markets Rebound After Overseas Gains

Washington Post by Renae Merle | Oct. 21, 2008 (News Report)

Stocks surged yesterday on indications that government efforts to thaw the credit markets are making some headway.

The Dow Jones industrial average closed up 4.67 percent, or 413.21 points, to 9265.43. It gained more than 100 points during the last hour of trading and was led higher by energy stocks as oil prices continued to rebound. The tech-heavy Nasdaq composite index was up 3.4 percent, or 58.74 points, to 1770.03, and the Standard & Poor's ... Full Story »

Posted by Fabrice Florin

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Subjects: World, U.S., Business
Topics: Global Economy, U.S. Economy
Member Tags: financial markets
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Posted by: Posted by Fabrice Florin - Oct 21, 2008 - 10:44 AM PDT
Reviewed by: Derek Hawkins (review), Lukas Eggen (review), Devin Sizemore (review)
Edit Lock: This story can be edited
Edited by: Kaizar Campwala - Oct 21, 2008 - 11:18 AM PDT
Related Comments: Global Economy (2)

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Derek Hawkins
3.2
 by Derek Hawkins - Oct. 21, 2008

A simple hard news report. Could have been a little cleaner -- 11 numbers in the nut graf is kind of sloppy. Not bad.

I have yet to see a decent news analysis explaining the significance of these flamboyant ups and downs in the markets lately. If someone can point me to an article that does this I'd appreciate it.

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Lukas Eggen
4.0
 by Lukas Eggen - Oct. 21, 2008

It's very factual, no opinions. Clear, and well written. Simple and to the point.

See Full Review » (11 answers)
Devin Sizemore
4.4
 by Devin Sizemore - Oct. 21, 2008

There a lot of statistics used in this piece. This strenghtens the piece. Great sources and use of numbers, that it covered the issue in a very infromed way.

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