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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 12, 1990
Page
5
GTE and other telephone giants push toward interactive cable services amid regulatory debate. A Gallup poll of 1,000 Americans shows 68 percent favor telephone entry into cable, with 60 to 79 percent expressing interest in services like movies, medical advice, libraries, and home banking. Greg Jordan reports.
Blue chips lead a broad market bounce as the NYSE composite rises 1.37 to 197.42 and S&P indices gain, with key names like Coca Cola, IBM, General Motors, and Microsoft noted among active movers amid a renewed bullish tone.
National stock prices on the New York Stock Exchange display mixed results with IBM and several large names posting modest gains while others slip. The day features wide swings across industries including chemicals, autos, and tech from Amoco to Xerox amid market volatility.
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