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Dow Jones - Last 5 Days

posted September 18, 2008 - 8:50pm
Dow Jones - Last 5 Days

See the movement of the Dow Jones Industrial Average in the last 5 days.

Stocks started pummeling down on the news of Merrill Lynch sell off, Lehmann Brothers Bankruptcy. They really hit nadir on news of AIG's bad debts and Reserve Primary Fund's dunking. However AIG's $85 bailout plan by the Govt provided some relief. Government's announcement to form a reserve fund to take care of bad debts really perked the market sentiments with Dow surging up by 400 points and crossing 11000 again. This rally was the highest in 6 years in a single day. The World's market have seen a similar roller coaster ride in the last five days. The MSCI World Index has seen a drop of 92 points, an incredible 7% + from 9th to 17th September. However Asian markets are bouncing back now after dropping to a three year low on 18th. The MSCI Asia Pacific Index was at its lowest on 18th September since 28th Oct. 2005. Here is the chart

http://www.bloomberg.com/apps/cbuilder?ticker1=MXAP%3AIND

Here is the complete 5 day chart for Dow Jones.

http://finance.yahoo.com/echarts?s=^DJI#chart1:symbol=^dji;range=5d;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

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