Stock Market Rebounds After Six-Day Decline
After six straight down days the market rallied, lifting the Dow and broader indices. Investors cited bargain buying and improving economic signals as tech and financial shares led gains, offsetting ongoing concerns about inflation and policy.
Market Rally Breaks Six Day Losing Streak
A Tuesday stock rebound defied discouraging headlines as major indexes rose led by airlines and electronics while GM and Chrysler cutbacks weighed on sentiment. Johnson proposed a 90 to 100 billion war funding plan, prompting tax rise fears and influencing trading dynamics.
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President’s Economic Outlook and Inflation Debate
The article discusses the forthcoming economic report and the administration’s stance on inflation, Viet Nam spending, and tax policy. It contrasts last year’s expectations with current views, noting Fed cooperation, noninflationary aims, and the price-wage spiral. It questions capacity, labor, bottlenecks, and defense needs amid Great Society programs.
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American Chain Plans Facility Near Atlanta
American Chain & Cable Co. will build a 42,370 square foot facility in the Stone Mountain Industrial Park northeast of Atlanta. The warehouse and distribution center will serve products from American Chain production groups and is slated for completion in March 1967. Wilmot F. Wheeler Jr., president, disclosed the plan on Tuesday. the project is valued at 535000 dollars.
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American Chain & Cable Co., Inc
Atlanta
Stone Mountain
Wilmot F. Wheeler, Jr
American Chain
Sammy Davis Jr to Guest on I Dream of Jeannie
Sammy Davis Jr will appear as a guest on a segment of the television show I Dream of Jeannie. The appearance is a brief guest slot likely featuring his musical talents and celebrity presence on the popular 1960s series.
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Sammy Davis Jr
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