Big Board Shows Slim Gain On Slow Trading Day
New York stock totals edged higher on light activity as the Big Board registered a modest increase. Traders cited subdued volume and cautious sentiment amid mixed results from several large issues, with gains concentrated in blue chips and industrials.
Dow Loses Ground as Rates Stay High and Stocks Slip
Wall Street opens with a broad retreat as investors fret higher rates and slower recovery. Dow Jones average drifts lower amid mixed results with traders noting weak industrials and Ford and American Telephone among notable movers. The day sees more declines on the New York Stock Exchange than advances, with demand for blue chips easing and analysts warning of potential policy shifts.
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