October 13, 2008

DOW Makes Sweet Love To Recession Fears

Gives reach around:

The Dow Jones industrial average (INDU) ended 936 points higher, after having risen as much as 976 points during the session. The advance was the largest ever during a session on a point basis. The point gain was equal to 11.1%, the fourth best ever day on a percentage basis.

In other news, official Moron Pundit DoomMeterâ„¢ back up to 11.

Posted by: Moron Pundit at 03:22 PM | No Comments | Add Comment
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