... USA was closed for a couple days after the incident, bond markets had risen strongly, and equity markets have basically collapsed quickly". After the four-day shutdown of the market, the Federal Reserve had a interest rate cut that provided only a marginal lift for Wall Street before trading began. The Dow Jones industrial average begun trading at 9,605.51, about 500 points above its ... ...

• Word Count: 299
• Approx Pages: 1
• Grade Level: Undergraduate