Trading Volume Record Set By Stock Market
New York AP reports 1965 closed with a record market turnover exceeding a billion shares for the fifth time in Wall Street history. The year featured highs, a midyear dip, defense spending boosts from Viet Nam, tax cuts, and rising rates that sparked a sharp June decline before a strong late rally.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Viet Nam
United States
Auto Industry
U.S
Associated Press
Dow Jones
Gardner Ackley
President’s Council of Economic Advisers
William McChesney Martin
Federal Reserve Board
Television Networks Present Christmas Eve Holiday Telecasts
Three networks plan late evening specials to cap the Christmas holiday. CBS airs a Baptist Protestant service at midnight, NBC shows the Catholic Mass, and ABC offers Year in Year Out later that night.
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Cynthia Lowry
New York
CBS
NBC
ABC
20Th Century
Pope Paul VI
Market rally and setbacks mark a volatile 1965
The piece notes President Johnson's intervention averting a steel strike and his gall bladder operation, while Wall Street holds steady. Nov 4 year to date NYSE volume hits 1.24 billion, surpassing 1964. Aluminum and copper prices roll back. power failures disrupt trading briefly.
MENTIONED IN THIS ARTICLE
Vance
Johnson
Wall Street
General Motors
New York Stock Exchange
Wall Streets
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New York Stock ‘Exchange
Yale
American Telephone
Federal Communications Commission
At&t
Santa
National Bank of Piddeford
Nichols & Co