Broad rally sends Dow toward all-time high in midterm rally
The Dow Jones rises 16.38 to 1,022.08 as a broad market rally spurred by expectations of a limited GOP impact and potential rate cuts. NYSE averages show gains across blue chips with Sears and IBM among leaders. volume logs strong despite Election Day closures. Nasdaq hits a 1982 high as stocks advance, with the Dow, S&P, and NASDAQ posting broad gains.
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New York
UPI
Wall Street
Federal Reserve
Monte Gordon
Dreyfus Corp
Standard & Poor
Ricky Harrington
Interstate Securities
Charlotte
N.C
Federal
Fed
Bluechip Sears, Roebuck
Sony Corp
Federal National Mortgage
IBM
Procter & Gamble
Allied Corp
Aluminum Co. of America
General Electric
General Foods
Owens Illinois
AMR Corp
American Airlines
UAL Inc
Delta
Chrysler
United Auto Workers
Dome Petroleum
Wang Laboratories
Champion Home Builders
National Association of Securities Dealers
Factory orders rise little in September despite machinery gains
UPI reports September factory orders at 0.7 percent growth, the third lowest monthly total of the year, with durable goods slipping 0.07 percent while non-defense capital goods rose 4.7 percent. Shipments remained above new orders, inventories fell 0.8 percent, and backlogs edged lower to 296 billion dollars.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Department
GM recalls Chevette and T-1000 over carburetor fuel leak risk
GM recalls about 107000 1980 1981 1982 Chevette and T-1000 cars to fix fuel inlet housing plug that can vibrate loose and leak fuel possibly causing fires. About 70 engine fire reports no injuries. clip will be installed at no cost. Meanwhile NHTSA opens safety defect probe into 600000 Suzuki motorcycles with kickstand issues after nine accidents eight injuries three deaths are reported. Also CPS and Grayco launch a voluntary repair for about 67000 Swynomatic Converta Cradles due to weak Masonite bottom, with free repair kit.
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Detroit
UPI
General Motors Corp
Washington
National Highway Safety Traffic Administration
The
Safety Commission
Suzuki
NHTSA
Office of
Seventh St
Washington, D.C
Consumer Products Safety Commission
Grayco Metal Products Inc
Elverson
Swyngomatic
Sears, Roebuck and Co
J.C. Penney Co
Toddletime
Montgomery Ward
Wynd-Amatic
Grayco Metal Products
Chrysler Canada warns of likely UAW strike
Chrysler Canada executives refused to make a new contract offer to the United Auto Workers on Tuesday. Both sides said a strike by 10,000 Chrysler workers on Friday appeared unavoidable. The company warned the strike could be crippling and render a return unlikely.
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Toronto
UPI
Chrysler Canada
United Auto Workers
Chrysler
Gerry Greenwald
McDonald's Withdraws Playmobil Toys From Happy Meals
McDonald's says all Playmobil toys from Happy Meals are pulled after tests show they fail age standards for children under 3. Customers with under 3 should stop using the toys and return them to any McDonald's restaurant.
MENTIONED IN THIS ARTICLE
McDonald's
Happy’ Toys
Oak Brook, Ill
Raymond Caruso
Sheriff
Bob Keyser
Caruso
U.S. Auto Production Down 23 Percent in October
U.S. automakers produced 438,647 cars in October, a 23 percent drop from October 1981. GM, Ford, Chrysler, AMC, and VW all posted declines year over year, with AMC showing a rare October gain due to the Renault Alliance model in Kenosha.
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Detroit
UPI
U.S
Soa
American Motors Corp
Kenosha
Wis
AMC
General Motors Corp
Ford Motor Co
Ford
Chrysler Corp
Automaker
Volkswagen of America
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Midstate Airlines
Cedar Rapids
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Zavon
Canada
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Consumer Product Safety Commission
Nuveen
Dia
Gosues
SIPC
Securities Corporation OF Iowa
Second Avenue S.E
Iowa
Alsewaci
Ene
Lomeee Corporation of
Ginnie Mae
Ginnie Maes
C.d.s
National Mortgage Association
Second Avenue South East
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