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Nikkei Up 14% in Record Rally

Bank support plans boost Japan's index to biggest gain in its history

By Rob Quinn, Newser Staff

Posted Oct 14, 2008 1:59 AM CDT

(Newser) – The Nikkei surged over 14% on the news that the US and Europe will buy up stakes in troubled banks, Bloomberg reports. The index's biggest gain in history follows its biggest loss in its history last week. Japan's markets were closed for a holiday yesterday... Read full story »

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Nikkei Up 14% in Record Rally

Bank support plans boost Japan's index to biggest gain in its history

stock market • global economy • Nikkei • Hang Seng • Asian markets • financial crisis

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