Dow strikes 11,000 as world markets recover (AP)

Posted by Yahoo! News: Stock Markets News on October 8th, 2010

A trader works on the floor of the New York Stock Exchange (NYSE) on October 4, in New York City. Wall Street trade was likely to remain in low gear next week as investors increasingly expect the government to pump cash into the markets to boost the lagging economy.(AFP/Getty Images/File/Spencer Platt)AP – The Dow Jones index breached the 11,000 mark for the first time since May as world stocks recovered Friday on mounting expectations that the Federal Reserve will ease monetary policy further next month following weak U.S. jobs data.


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