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Bridgeport Telegram in Bridgeport, Connecticut

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Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Sep 21, 1976

Page

11

Stocks Slip After Dow 1000 Push Amid Market Swings

Wall Street shows a choppy session as the Dow Jones Industrial Average and other indexes swing between gains and losses. Trading activity features prominent names like Texaco, RCA, Ford, Exxon, and General Electric with mixed results and notable price moves across sectors.

Market mixed as banks cut prime rate spurs hope

New York stocks ended lower after mixed trading as major banks Morgan Guarantee Trust and First National Bank of Chicago cut their prime lending rates from 7 to 6 3/4 percent. The Dow fell 58 to 994.51 while the Standard & Poor’s 500 gained modestly and the NYSE composite edged up.

New York Chicaca Federal Reserve Fed Morgan Guaranty Trust First National Bank of Chicago Bank of St. Louis Standard &Poor NYSE Sony Ingersoll - Rand General Tire RKO General Ropean ASA Ltd

Also Mentioned on This Page

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