{"id":3841,"date":"2008-10-13T17:22:16","date_gmt":"2008-10-13T22:22:16","guid":{"rendered":"http:\/\/planetwaves.net\/news\/?p=3841"},"modified":"2008-10-14T07:02:19","modified_gmt":"2008-10-14T12:02:19","slug":"biggest-one-day-dow-gain-in-21-years","status":"publish","type":"post","link":"https:\/\/planetwaves.net\/news\/daily-astrology\/biggest-one-day-dow-gain-in-21-years\/","title":{"rendered":"Biggest one-day Dow gain since Great Depression"},"content":{"rendered":"

Dear Friend and Reader,<\/p>\n

Monday, the Dow Jones Industrial Average starting cranking up the steep roller-coaster incline, climbing 936.42<\/a> points to 9387.61<\/a><\/span> as of 4:30 pm EST, making it the largest point increase, in a single day, since the Great Depression<\/a>.<\/p>\n

\"The<\/a>
The Dow Jones Industrial Average, showing daily rates over the last two months.<\/figcaption><\/figure>\n

After weeks of record drops, it seems we either hit bottom and had nowhere to go but up, or the international bank solvency and bailout plans in the European Union and the United States, made over the weekend and this morning, are actually working.<\/p>\n

Monday morning, the U.S. Federal Reserve announced that it would flood three international banks with as much U.S. cash as they can hold, making it possible for these larger banks to trade with each other and also assist smaller institutions.<\/p>\n

The bounce back is the first increase since the market started steadily free falling on Oct. 1, and with a general downward trend since Sept. 19. The question on our lips is: will it last? It’s impossible to tell at this stage, but Tuesday’s closing points will certainly be an indicator of days to come, as the bond market re-opens following Columbus Day weekend.<\/p>\n

Yours & truly,<\/p>\n

\"Rachel<\/p>\n","protected":false},"excerpt":{"rendered":"

Dear Friend and Reader, Monday, the Dow Jones Industrial Average starting cranking up the steep roller-coaster incline, climbing 936.42 points to 9387.61 as of 4:30 pm EST, making it the largest point increase, in a single day, since the Great Depression. After weeks of record drops, it seems we either hit bottom and had nowhere … Read more<\/a><\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"generate_page_header":""},"categories":[1,14],"tags":[36,407,271,52,117],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/posts\/3841"}],"collection":[{"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/comments?post=3841"}],"version-history":[{"count":0,"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/posts\/3841\/revisions"}],"wp:attachment":[{"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/media?parent=3841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/categories?post=3841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/tags?post=3841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}