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Stocks Streak 330.58 Points on Rate Cut.
- Source :
-
Wall Street Journal - Eastern Edition . 10/16/98, Vol. 232 Issue 76, pC1. 0p. 1 Chart, 1 Graph. - Publication Year :
- 1998
-
Abstract
- Looks at the response of United States financial markets to the Federal Reserve's unexpected October 15, 1998 cut in interest rates. The Dow Jones industrial average's achievement of its third-biggest point gain in history; Gains for banking and brokerages resulting in firm stocks; Overall performance of the Dow industrials for 1998; Other indexes, including the Nasdaq composite index; Rates for the 30-year bellwether Treasury bond.
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 232
- Issue :
- 76
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 1169780