US Market up after a long time

• Author: admin
• Filed under: World Market
• Date: Nov 19,2008

US market up yesterday after a long time not sure when it was up lastly , Dow jones was up by 1.8%.Standard & Poor’s 500 (SPX) index up by 1% .
Market Movers

>Hewlett-Packard issues upside fourth quarter and fiscal year 2009 earnings guidance
>Fed Chairman Bernanke, Treasury Secretary Paulson and FDIC Chairman Bair testify before House Financial Services Committee regarding $700 billion financial relief bill
>PPI falls by a larger-than-expected amount due to decreasing energy costs, but core PPI increases more than expected