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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Oct 05, 1966

Page

18

Stock Market Ends Mixed After Turbulent Trading Day

In a churning session the Dow rose 5.23 to 763.19 as heavy trading and two rallying moves contrasted with broad losses. Most 1,430 issues fell, New lows for the year reached 378, and paper gains were offset by analysts calling the day confused and obscured.

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Ticker Talk: Down Market Pressures and Analysts Forecast Relief

New York stock market commentary cites a Dow support around 740-720 as the 1961 top. Analysts note investor confidence eroded by Monday’s breakdown and expect possible technical relief soon. Some expect bear markets to rally 3-10 percent during declines, delaying a true bottom.

Also Mentioned on This Page

The Business Mirror Empire Ao First Charter NY Mirs Hanover Morgan-Guardr US Trust One Xerox Corp Zayre Corp Ralph A. Rothem Harris, Wpham & Cos
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