Tuesday, September 30, 2008

Global Stock Markets Rebound Overnight

While many global markets experienced a downward trend in their exchanges, most eventually rebounded. Interestingly enough, Hong Kong shares closed 0.8 percent higher, although they had dropped as low as 6% at some points.

Tokyo ended down 4.1 percent, Sydney dropped 4.3 percent, and Taipei lost 3.55 percent. Many media outlets are posting optomistic articles titled "Stocks Set to Rebound" for Tuesday trading. Hopefully that will be the case moving forward.

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