Stocks Post Minor Loss In Sluggish Trading
New York stocks edged down slightly on Monday after an early pullback, with a partial rebound in computer shares aiding the comeback. IBM led gains in computers, Digital Equipment and Burroughs rose, and Wang Laboratories helped the Amex. Dow fell 3.92 to 1320.56 as volume slowed, while Nasdaq closed at 289.97 up 1.26.
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NEW York
New York Stock Exchange
Wall Street
Commerce Department
International Business Machines
Data General
Burroughs
American Stock Exchange
Wang Laboratories
General Foods
Philip Morris
Governors clash over Reagan tax plan writeoff
Democratic governors told President Reagan they would favor abolishing the state and local tax writeoff only if wealthier Americans and businesses face reduced breaks. Reagan met nine governors including Arch Moore Jr and Charles Robb to press views on the May 28 tax overhaul.
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Reagan
West Virginia
Arch A. Moore Jr
Virginia
Charles Robb
Fast food ingredient labels urged by consumer groups
A coalition of consumer and health groups pressed the FDA and USDA to require ingredient labels on burgers, fries, shakes and other fast-food items. They cited allergies and diet concerns, noting thousands react to dyes, flavors, corn sugar, MSG and sulfites, urging transparency for safety and value.
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Michael Jacobson
Center For Science
Jacobson
Food and Drug Administration
Department of Agriculture
Bellanti
The
American College of Allergists
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