Market Caution Keeps Rally In Check On NYSE
The Charleston Gazette reports a cautious mood on the New York Stock Exchange with investors holding back. The Dow Jones average rose 6.34 to 877.20 at close, AP index up 2.7 to 312.5 as industrials, rails, and utilities posted gains.
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Technical Rally Helps Carve Solid Gain in Stock Market
A sharp technical rally, starting Monday night, helped the market erase early losses and end higher. Analysts credit oversold conditions and bargain buying plus Maurice Stans signals on easing inflation as factors, though they warn tight money fears persist and momentum is uncertain.
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New York
J Sharp
Maurice Stans
Market Wrap Sees NYSE Advancers Lead Decliners
Trading closed with 1,568 issues, 898 up and 448 down. It was the first since May 29 that advancers outpaced decliners on the NYSE. There were 7 new yearly highs and 213 new lows as volume reached 11.48 million shares and the NYSE index rose 0.58 to 53.90 while the S&P 500 rose 1.09 to 97.32. Blocks of 10,000 shares or more totaled 62.
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Wheat & Co Promotes Due Diligence Before Investing
Thoughtful investors are urged to investigate before investing as Wheat & Co. makes available guidance and resources to help evaluate opportunities. The firm emphasizes careful analysis and prudent decision making.
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Wheat & Co
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