Asian stock markets jump on Fed’s low rates pledge

Michael Pistillo, right, works with a fellow specialist on the floor of… BANGKOK (AP) – Asian stock markets jumped Wednesday following a surge on Wall Street prompted by an unprecedented pledge from the U.S. Federal Reserve to keep interest rates super low for the next two years. Japan’s Nikkei 225 index climbed 1.2 percent to 9,050.27 and Hong Kong’s Hang Seng jumped 3.1 percent to 19,896.57. South Korea’s Kospi, which at one point Tuesday plummeted nearly 10 percent, gained 1.3 percent…

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Asian stock markets jump on Fed’s low rates pledge

Posted by on August 9, 2011. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.