Wall Street higher on hopes of credit recovery (AP)

Posted by admin on October 21, 2008 under News | Be the First to Comment

Wall Street higher on hopes of credit recovery (AP)

Trader Joseph Morando, left, prepares for his day before the opening bell, work on the floor of the New York Stock Exchange Monday, Oct. 20, 2008. (AP Photo/Richard Drew)AP – A rising wave of optimism lifted Wall Street Monday, propelling the Dow Jones industrials up more than 400 points on more signs of a reviving credit market and support from Federal Reserve Chairman Ben Bernanke for further steps to aid the economy. All the major indexes finished with gains of 3 percent or more.


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