Predictable or not, Greenspan's remarks touched off a huge market rally. The Dow Jones Industrial Average gained nearly 2 percent, up 154.90 to 8061.62. The Nasdaq Composite Index rose 27.63 to 1563.86, an increase of 1.8 percent.
...Markets' Response
Predictable or not, Greenspan's remarks touched off a huge market rally. The Dow Jones Industrial Average gained nearly 2 percent, up 154.90 to 8061.62. The Nasdaq Composite Index rose 27.63 to 1563.86, an increase of 1.8 percent.