Reagan denounces Nicaragua at Fort McHenry Flag Day
President Reagan denounces Nicaragua as he links El Salvador’s defense of democracy to the Star Spangled Banner setting at Fort McHenry. He warns of communist subversion and attacks on Honduras and Costa Rica while praising American unity and the flag’s symbolism.
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Reagan
Central America
Fort McHenry
Francis Scott Key
Baltimore Harbor
Key
Nicaragua
el Salvador
Honduras
Costa Rica
Pete Roussel
National Flag Day Foundation
Washington
Readable Day on Price Movements Across Major Stocks
New York markets show mixed closes with price moves across many big names including IBM, Exxon, AT&T, and Dow components. Investors watch for quarterly results and sector shifts as utilities and tech trade at varied levels.
Rally ends stock slump
The New York market rallied on Friday, with the Dow up 10.86 to 1,300.96 as rates fell in credit markets. Volume slipped on the NYSE to 93.09 million shares, while the Nasdaq and other indexes posted gains and financials led the advance. IBM rebounded 2 percent after prior declines amid merger talks. Mortgage and savings stocks also rose on lower rates.
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NEW York
New York Stock Exchange
American Stock Exchange
Treasury
International Business Machines
IBM
Sperry
Burroughs
H.F. Ahmanson
Great Western Financial
American Savings & Loan of
Florida
Trans World Airlines
Texas Air
Output down again despite May wholesale price uptick
U.S. factory output fell for a second month in May while wholesale prices rose 0.2 percent, led by higher energy costs. The reports fuel speculation that the Fed may ease policy to stimulate growth without reigniting inflation, as production declines hint at a lackluster first half and inventories rise 0.4 percent in April.
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Washington
U.S
Federal Reserve Board
Labor Department
Federal Reserve
Commerce Department
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Dibrell Bros
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