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Thread: Overseas stock markets skyrocketing during the 'golden week'
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[quote=ICEBERG,249330]According to the source, the overseas stock markets had been all skyrocketing during the golden week influenced by the US stock market. In US, the Dows increased 1.23%, S&P index surged 2.02% and the Nasdaq index rose 2.9%. Encouraged by the US stock market, the Asian and European markets also kept rising in the golden week. The three stock markets in Europe had been keeping almost five days in the golden week. In China, the Hong Kong stock market experienced its up-down-up period. On Oct.3, the market created a new record. The turnover reached 210.5 Hong Kong dollars. The Hang Seng index rose about 2.5%. Some analysts said the news that China investment corporation may invest in Hong Kong was also the momentum to enhance the shares except the influence of the US stock market. Some estimate that the Hang Seng index will exceed 30000 points very soon. What do you think? What's more, the gold price also experiences the shock. At the end of Oct.5, the price per ounce was 747.2 US dollars. The data shows that US still has the power to influence the global stock markets though it has been affected by the credit crisis. But what if the US economy breaks up?[/quote]
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