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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Aug 03, 1971
Page
11
The New York Stock Exchange and market markers show broad gains for the day with many major issues trading higher. Investors push prices up despite early profit taking as tech and industrials lead the advance.
New York AP reports industrials climbed about 6.5 percent to 864.92 as the Dow Jones average posted gains. Analysts note inflation fears and a cautious tone despite the late rally, with some saying the rise reflects a short covering phase rather than a sustained upturn.
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