Asia stocks jump after Wall Street surge (AP)

By Pete Southern in Uncategorized | September 19, 2007 8:00 |

A woman walks past a digital stock indicator in downtown Tokyo Wednesday, Sept. 19, 2007. Japanese stocks jumped Wednesday in the wake of Wall Street's overnight surge spurred by the U.S. Federal Reserve's bigger-than-expected interest rate cut.  The benchmark Nikkei 225 stock index soared 500.22 points, or 3.17 percent, to 16,302.02 points on the Tokyo Stock Exchange in early afternoon trade after the Federal Reserve cut its benchmark interest rate by a larger-than-expected half percentage point overnight.  (AP Photo/Koji Sasahara)AP – Asian stocks soared Wednesday in the wake of Wall Street’s overnight surge spurred by the U.S. Federal Reserve’s larger-than-expected interest rate cut.


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Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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