Wall Street Mixed as Trading Closes on Stocks and Bonds
New York reports a volatile session with gains in some blue chips while bonds show mixed results. Investors monitor earnings and dividends as the market weighs inflation signs and Federal policy signals amid extensive listings from major exchanges and financial firms.
Market Rally Extends Second Straight Upturn
Wall Street advanced as the Dow Jones rose to 878.0 after trading heavy with 2.13 million shares in the first hour. Analysts cited profit taking and persistent gains despite rising U.S. military involvement in Vietnam as the market held its footing. Revenue and industrial output news buoyed optimism.
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