Apple, Microsoft, and Dell on Dow Jones: double-digit gains

Dow Jones Industrial Index jumped up above 9,000 points on Monday being its largest one-day gain ever. Great news as Apple, Dell, Microsoft and a list of other tech companies all obtained double digit gains.

After the Dow Jones suffered consecutive losses last week, the Dow soared yesterday 936.42 points and finally closing on Columbus Day at 9,9387.61 it seemed Wall Street finally got something to smile about amid the financial turmoil that America and the rest of the world been ingulfed in.

With the announcement that US treasury have agreed to buy some bank stocks and central banks agreeing to inject more funds into the US financial institutions this has all made for a happy investor or at least a less fearful one.

RIM, Dell, Cisco, Oracle, Apple and Microsoft helped fuel the Nasdaq who have posted gains for the last few days shooting up 197.74 points to close yesterday at 1,844.25.

Source: zdnet