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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Aug 11, 1971

Page

18

Technical Rally Attempt Fails Prices Close Mixed to Lower

A technology themed rally faltered as traders reassessed early gains with prices closing mixed to lower. Analysts cited cautious sentiment and profit taking after a volatile session across major indices and tech shares.

Investors Wary As Markets Slip Amid Economic Worries

Investors remain cautious after a weak session with the Dow Jones Industrial Average slipping 3.06 points to 839.50. Volume on the NYSE rose modestly to 47 million shares, while the American Stock Exchange saw 1.06 million trades. Major closes included AMP at 73 3/4, Texaco down, and notable declines in General Telephone and McGraw Hill.

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