09 outubro 2008

strongly in the red


After rising 2% to 3% for most of the day, European shares turned around in the last hour of trading and ended strongly in the red. Lisbon's PSI-20 rose 0.9%.

In the US, two hours into the trading session, the Dow Jones and the S&P are flat while the Nasdaq is rising encouraged by a good earnings report by IBM.

It was one year ago today that the Dow reached its historical maximum of 14 198.

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