Glamors Fall From Grace Drag Market Down
The stock market slid on Tuesday with a wide retreat led by glamour issues. Traders stayed cautious amid speculation of potential interest rate increases as Wall Street faced its stiffest setback in two weeks.
MENTIONED IN THIS ARTICLE
New York
Newton D. Zinder
ELF, Hutton, & Co
Market declines hit many stocks on downbeat New York session
The Dow Jones industrial average fell 8.05 to 915.01 while the 60 stock Dow Jones average slid to 393.2, as banks worry of higher rates clouded trading. The NYSE index dropped 0.41 to 53.45 and the S and P 500 slipped 0.82 to 100.32 with volume around 3.33 million. Major losses hit steel, motors, rubber and utilities amid a broad market retreat.
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New York
Associates of Press
Atonin
Dow Jones
Hugh
Gosing
Ea- Aderess
Aetralte
Pan Am
Fearn Cp
Smee Am Motors
Yexasios
Telia
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American Investment Co
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American Water Works
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Geranatin Group
Astrex, Inc
Avco Corp
UMC
ONTC
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