Chat Marchet News Digest
Daily news and opinion from le Chat Marchet
October 14th, 2008 at 6:37 am

World stocks soar after US rally; Nikkei up 14 pct (AP)

Posted in: le Chat Marchet

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A couple shelter from rain outside a securities firm in Tokyo, Japan, Tuesday, Oct. 14, 2008. The Nikkei 225 stock average soared 1,171.14 points, or 14.15 percent, to 9,447.57, a sharp reversal after the market plunged nearly 10 percent Friday and a staggering 24 percent last week, its worst week ever. Tuesday's result surpassed the previous record single-day rise of 13.2 percent on Oct. 2, 1990. (AP Photo/Junji Kurokawa)AP - World markets soared for a second day Tuesday, led by a record 14 percent jump in Tokyo, after Wall Street rallied from its worst week ever on optimism that government rescue efforts will heal the crippled global financial system.


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