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U.S. stock markets closed higher - Nov. 8, 2008

November 8 2008

U.S. stock indexes on the basis of trading on Friday, November 7, showed improvement within 3%, RIA Novosti reported.

By the close of trading, the Dow Jones rose 2.85%, gaining 248.02 points, to 8,943.81 points mark. S & P 500 on Friday rose by 2,89%, having received 26.11 points, to a mark of 930.99 points. NASDAQ index on the basis of trades rose by 38.70 points (2.41%), reaching 1,647.40 points. DJIA (Dow Jones Industrial Average, Dow Jones industrial average) - the average movement in share prices the 30 largest industrial corporations.

S & P 500 (Standard and Poor 500 Index) - index of stock prices of 500 largest companies by market capitalization. NASDAQ (National Association of Securities Dealers Automated Quotation, automated quotation system of the National Association of Securities Dealers) - an index of technology companies. It is calculated on the basis of quotations of ordinary shares of all companies (U.S. residents and foreign), traded in the OTC system, NASDAQ, weighted by market capitalization.

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