Market Ends Day in Decline After Early Rally
New York The stock market erased an early gain as declines spread across blue chips. Avon, AMBAC and United Fruit among leaders fell while Glen Alden and Occidental Petroleum traded heavily. Investors reassessed high rates and prospects for end of year gains as trading remained active on the NYSE.
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Aterage
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Friden
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Loomis
Atmek
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Gillette
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Merck Rises on Reported U.N. Aid Approval for India
Merck shares gained one point to 93 after reports that the company received government backing from the United Nations to aid India. Authorities were said to approve a relief program intended to bolster India’s health and humanitarian effort.
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