Market Outlook and Steel Output Rise Observed
A fragmented market view notes modest consolidation potential after gains. Steel production climbs for the seventh straight week while Prudential signals improved prospects for a key product mix. unemployment remains mixed as the Dow Jones shows activity with notable trade volume around 442 million shares.
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Federal Bond Prices Climb Amid Mixed Corporate Trading
New York reports government bond prices firm with many issues closing in the plus column while corporates show mixed results in heavy trading. Volume nears 1.4 billion, with notable gains for bonds tied to major issuers. derivatives and railroad related names move, and the Supreme Court decision on a key railroad holding influences market sentiment.
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Cheysler
Woink
General Motors
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