Market Slips as Rates Rise Pressure Persists on NYSE
Market activity shows broad pressure from rising rates with the New York Stock Exchange closing mixed amid varied daily moves. Across sectors, traders weigh high and low readings while commenting on inflation and rate expectations influencing equity performance.
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Market Barometer May 16 Signals Mixed Industrial Trends
Market barometer shows mixed readings for May 16 with gains in some industrials and utilities while transport stocks waver. Notable names cited include Texaco, Textron, Eastman Kodak, and Ampex with varied price levels and notable index points across sectors.
Perkin Elmer Among Stock Market Gainers on Monday
NYSE closed higher as the Dow rose 4.16 points to 932.50 in a broad advance led by gains in finance and air transport. Perkin Elmer gained about 1 percent on improved quarterly profit prospects, while IBM held steady and Dentsply fell after weak first-quarter earnings.
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