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TELEVISION CORRESPONDENT REPORTS ON SHARP RISE IN NASDAQ, 2001-01-03 (photo)

TELEVISION CORRESPONDENT REPORTS ON SHARP RISE IN NASDAQ, 2001-01-03 (photo)
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IMAGE number
REU8337119
Image title
TELEVISION CORRESPONDENT REPORTS ON SHARP RISE IN NASDAQ, 2001-01-03 (photo)
Auto-translated text View Original Source
Photographer
Mike Segar
Medium
photograph
Date
2001 AD (C21st AD)
Shooting Date
2001-01-03
Image description

CNNfn correspondent John Mataxis points to a chart showing the point during the trading session where the sharp rise in the Nasdaq Composite began at the Nasdaq Market Site in Times Square in New York, January 3, 2001. Stock prices on the technology-heavy Nasdaq rocketed in late afternoon trading Wednesday following an unexpected interest-rate cut of one half percentage point by the Federal Reserve to prevent the world's biggest economy from slowing too much. MS/JP

Photo credit
REUTERS/Mike Segar / Bridgeman Images
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