Stocks Edge Higher On Mixed Prices And Light Volume
NYSE reported mixed prices with overall light trading volume as several industrials and utilities showed gains while financials fluctuated. Market activity remained thin with many names quoted at narrow ranges and a broad index drift.
Dow Edges Higher as Rates Weigh on Market
The Dow Jones average rose 2.66 to 878.13 while the broader market showed mixed, light volume trading. Investors blamed rising short term rates for drab markets, with Polaroid and Kodak among notable movers as Motorola sold its TV manufacturing unit to Matsushita.
MENTIONED IN THIS ARTICLE
Dow Jones
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Telat
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Polaroid
Cece de Cece Crac
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John Smith
Fahnestock
Gneral Electric
Motorola
Japan
Matsushita Electric
Panasonic
MacAndrews & Forbes
Dome Petroleum
Aquitaine
Canada
Wall Street Journal
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