Strong Gains on Big Board From Oil Embargo Parley
New York stock prices show notable gains on the exchange amid plans for an oil embargo talk. Traders monitor index movement and bid-ask spreads as market breadth narrows and key sectors react to energy policy signals.
Dow Jumps 8.99 Points On Mixed Wall Street Bounce
The Dow Jones industrial average rose 8.99 to 878.05 as gains led by ITT and Disney. Traders cited oil supply hopes and Arab embargo developments, with Broadway and tech issues showing mixed moves amid a moderate 16.21 million share volume.
MENTIONED IN THIS ARTICLE
United States
Wall Street
Cairo
Egypt
Robert Wade
Drexel Burnham & Co
Redman Industries
Walt Disney Productions
Holiday Inns
Pizza Hut
Cosson
Avis, Inc
Securities and Exchange Commission
International Telephone & Telegraph
Hartford Fire Insurance Co
Internal Revenue Service
ITT
Hartford
Pola Iriod
Xerox Jas
IBM
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