home » General » U.S. stocks shoot up; Indian ADRs follow suitU.S. stocks shoot up; Indian ADRs follow suitposted by jehan(16) 13 months ago (www.myiris.com) U.S. stocks witnessed the biggest rally in 70 years on Monday as government planned to acquire stakes in bleeding banks and a Federal Reserve-led push to inject dollars in the global financial system. The Dow gained 936.42 points, or 11.08%, to close at 9,387.61. The S&P 500 index increased 104.13 points, or 11.58%, to end at 1,003.35. The Nasdaq Composite advanced 194.74 points, or 11.81%, to end at 1,844.25. Indian ADRs followed the trend of US markets to end at p read more » |
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