US market indices rally

US market indices rally
# 03 December 2008 08:15 (UTC +04:00)
Baku. Vahab Rzayev - APA-Economics. The Dow Jones rose 270 points, or 3.31 per cent to 8,419.09, the S&P 500 climbed 32.6, or 3.99 per cent to 848.81 and the NASDAQ was up 51.73, or 3.70 per cent to 1,449.80.
US stocks rallied as investors snapped up bargains after yesterday’s rout. Wall Street narrowed gains on news of deteriorating car sales but a late surge helped the market close near intraday highs.
The benchmark FTSE 100 added 57.37, or 1.41 per cent to 4,122.86.
France’s CAC 40 rose 72.47, or 2.35 per cent to 3,152.90, while Germany’s DAX closed 137 points or 3.12 per cent higher to 4,531.79.
The Nikkei 225 lost 533.53 points, or 6.35 per cent to close at 7,863.69.
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