Thursday, March 20, 2008

Fed helps market go up

On Tuesday March 18, 2008 the DOW Jones made history after six years. This has been the biggest increase since then. The Dow Jones went up over 400 points due to the interest rate going down. The Federal Reserve gave money to the DOW Jones and cut off 75% of the taxes. This was the reason the DOW Jones went up extremely. People are going to borrow money now since the interest rate for the bank is less. This will lead to the rise of the United States economy.

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