Americas: Warmed by Greenspan's economic assessment, Wall Street continued its big rally. In early-afternoon trading, the Dow was up 75 points, nearly 1 percent to 7990. The Nasdaq was enjoying another big run up, ahead 15 points, or 1 percent, to 1626. Asia: Most exchanges remained closed for New Year. The major bourses that opened - Bangkok, Tokyo, and Manila - all showed strong advances. Europe: All major exchanges save that of the Netherlands - down fractionally - were up, a reflection of positive earning reports at home and unclouded skies over foreign markets.
Market Update
Warmed by Greenspan's economic assessment, Wall Street continued its big rally. In early-afternoon trading, the was up 75 points, nearly 1 percent to 7990. The was enjoying another big run up, ahead 15 points, or 1 percent, to 1626. Most exchanges remained closed for New Year. The major bourses that opened - Bangkok, Tokyo, and Manila - all showed strong advances. All major exchanges save that of the Netherlands - down fractionally - were up, a reflection of positive earning reports at home and unclouded skies over foreign markets.
