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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
May 27, 1977
Page
8
NYSE activity noted with mixed quotes across sectors and commodities. Reports reflect trading momentum, index movements, and commodity pricing including hogs and cattle with regional market summaries from Indiana and local livestock reports.
Blue chip issues helped halt a week long stock slide in a mixed session. The Dow Jones average rose to 908.07 as Big Board volume dipped. The Dow hovered near 90, and the American Stock Exchange and NASDAQ edged mixed after hopes of a rate hike this month.
Moshe Dayan was named foreign minister by the Likud led government, triggering a political storm as coalition talks stalled. Liberal party leader Arish Dulzin and centrist factions criticized the move, with some parties demanding withdrawal and others weighing coalition impacts. Dayan said he would resign from Labor in principle and join the new government, while reactions ranged from condemnation to cautious acceptance among various parties.
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