Market Tangles as Dow Passes 1000 Level
New York traders faced a volatile session as indices moved above and below the 1000 level amid erratic price action. Trading highlighted thin volume and uncertain demand, with few clear leaders and banks showing limited strength.
Market ends mixed as Dow hovers near 1000 in late session
The stock market moved mixed on Friday with gains in the Dow pushing through the 1,000 mark earlier, while overall volume remained heavy at the open and softened later. Traders cited Federal Reserve money supply data as a factor in cautious profit taking and broad market direction.
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