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Charleston Gazette in Charleston, West Virginia

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Newspaper

Charleston Gazette

Location

Charleston, West Virginia, United States of America

Date

Jun 11, 1976

Page

9

New York Stock Exchange Quotations

New York stock quotations for Thursday show notable moves in several issues. Traders watched a mix of gains and losses as the market digested earnings and inflation signals.

The Charleston Gazette New York Stock Exchange New York Med York Stock Exchange Ssues Ivar

Mutual Funds Dow Jones Average Has Strong Showing

Hopes for a break in rising rates sparked a moderate stock rally in New York. The Dow Jones industrial average rose 6.30 to 964.39 in its best daily showing in nearly two weeks as volume jumped and turnover on the NYSE climbed to about 19.44 million shares. Investors anticipated signs that rates had stabilized and that weekly Federal Reserve data would show money supply slack sufficient to permit easing.

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Wall Street Stocks Rally On Bright Economic Outlook

The market climbs as trading reflects a firmer economy, aided by a White House midyear outlook and Greenspan remarks. Dow and Nasdaq advance, with techs Xerox IBM and Digital Equipment leading gains. Gulf Oil active, NYSE index nudges higher, bonds mixed.

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