Bank Of Baku

Market indices rally on markets

Market indices rally on markets
# 19 November 2008 08:19 (UTC +04:00)
Baku. Vahab Rzayev - APA-Economics. The Dow Jones Industrial Average rose 1.83 percent to finish at 8,424.75 and the tech-heavy Nasdaq was virtually flat, up 0.08 percent at 1,483.27.
The broad Standard & Poor’s 500 index advanced 0.98 percent to end at 859.11.
Stock markets in Europe and the United States got a boost Tuesday from Hewlett-Packard Co. saying it is weathering the economic slowdown better than anticipated.
The FTSE 100 index of leading British shares closed up 1.9 percent, at 4,208.55.
Germany’s DAX was 0.5 percent higher at 4,579.47, while the CAC-40 in France was up 1.1 percent at 3,217.40.
Euro was trading at $1.2619
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