Filed under: International markets

Markets in Asia rung up tremendous gains after a rate cut by the US Federal Reserave.

Share in Tokyo rose 3.7% and in Hond Kong the Hang Seng index was up 4.3%. According to Reuters, the gain in Japan’s Nikkei was the largest in a single day since 2002.

Douglas A. McIntyre is a partner at 247wallst.com

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This entry was posted on Wednesday, September 19th, 2007 at 7:36 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.