Wednesday, August 10, 2011

U S MARKETS BOUNCE BACK, DOW JONES UP BY 4%, NASDAQ UP MORE THAN 5%.

After Federal Reserve statement that vowed to keep interest rates near zero through mid-2013 and reaffirming that the business environment continues to expand, markets in U S rallied by more than 4%. Oil too, climbed as much as 3 in New York, its first gain in three days.

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