Tuesday, October 14, 2008

Nikkei soars on Tuesday open

The Nikkei index has soared more than 10 percent on its Tuesday morning open following a holiday on Monday. The market hit 9% within minutes of the opening bell and has soared to 12% in the hour. Markets around the world have gained significantly after a number of cash injections into banks were announced by European leaders on Monday. The Dow closed at 11.08% up on the day's trading while the FTSE closed 8.26% up. In France the Paris CAC closed 11.18% up and the Dax also made similar gains in Germany.

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