Huge smiles in Wall Street (1)

In broker in the Wall Street finally can smile wide. Hope will be a decline in interest rates make Dow Jones index over more than 10%.

Investors returned to collect shares with the blessing and a weaker yen also news that the Central Bank of Japan will lower interest rates again tribe. The strengthening of the yen rapidly since early this week has been dragging on the stock market destabilization in various parts of the world.

Meanwhile, the U.S. Central Bank (the Fed) also is expected to be lower key interest rates by 50 basis points to 1% in the meetings that started this peteng.

In trading Tuesday (28/10/2008), Dow Jones index closed sharply appreciating to 889.35 points (10.88%) to a level of 9065.12. Standard & Poor's also increased sharply to 91.59 points (10.79%) elvel to 940.51. While the Nasdaq appreciating to 143.57 points (9.53%) to a level of 1649.47.

This is the second largest increase ever recorded, Dow Jones and S & P in history. The largest increase recorded on October 13, when the Dow Jones jumped 936.42 points and the S & P 500 jumped 104.13 points.