US market indices drop

US market indices drop
# 24 November 2008 08:11 (UTC +04:00)
The Dow rose 494.13 points, or 6.54 percent, to settle at 8,046.42. The Standard & Poor’s 500 index jumped 47.59, or 6.32 percent, to 800.03, and the Nasdaq composite advanced 68.23, or 5.18 percent, to 1,384.35.
In the two previous days, the Dow had lost a staggering 873 points, more than 10 percent of its value, and the broader Standard & Poor’s 500 index had sunk to its lowest level since 1997.
Light, sweet crude for January delivery rose 51 cents to settle at $49.93 a barrel on the New York Mercantile Exchange. The dollar fell against other major currencies, while gold prices rose.
Japan’s Nikkei stock average jumped 2.70 percent. In European trading, Britain’s FTSE 100 fell 2.43 percent, while Germany’s DAX index fell 2.20 percent, and France’s CAC-40 fell 3.33 percent.
#
#

THE OPERATION IS BEING PERFORMED