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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 11, 1966
Page
3
A New York market roundup describes a broad rally as blue chips including Amex, Kodak, Raytheon, and Xerox rise amid heavy trading. Analysts cite technical factors and short covering as catalysts, with airlines, electronics, and space stocks contributing to the upswing alongside active institutional buying.
In New York AP reports an active trading day with volume swelling to 8.33 million shares as gains outpace losses. The market breadth showed 1,382 issues traded with 871 advancing and 901 declining, setting multiple year highs and lows while several key stocks moved. Strong activity came from industrials and utilities amid fluctuating prices.
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