Stock markets rally after Federal Reserve starts printing money
by Richard Partington Economics correspondent from on (#515ER)
Dow Jones has best day since 1933, with Asian and European markets also up, after US move
Global stock markets staged a strong rally on Tuesday as investors were buoyed by the Federal Reserve's efforts to boost the US economy and the prospect of Congress backing a fiscal stimulus package.
The Dow Jones recorded its best day since 1933 as it gained 11.4%, or 2,113 points, while the FTSE 100 posted its highest ever gain, of 452 points, as it rose 9% to 5,446.
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