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DOW up over 500 points 10.13.2008

Even though it is a holiday and the banks are closed,  the stock markets are open.  After the G-7 summit and world agreement to bolster the banks throughout the world, most major stock indexes around the world are substantially up.  Not enough to erase all of the recent declines, but enough to get the buyers [...]

Stock market up over 5% today 10.13.2008

The markets are up and they still haven’t reversed completely.  There was some selling inititally after the big bounce, but now it looks like it is back on its march towards the ceiling. 9,000 DOW is around the corner. This is what it looks like in the current indexes I follow.

Dow

8,937.52
+486.33
(5.75%)

Nasdaq

1,744.39
+94.88
(5.75%)

S&P 500

951.46
+52.24
(5.81%)