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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 28, 1967
Page
6
New York markets show declines with traders watching fund movements and central bank signals. Major indices slide while technology and energy shares move irregularly and investors weigh corporate results.
A volatile session saw the Dow fall 2.72 to 869.39 as tax hike talks weighed on sentiment. Sectors mixed with rails and industrials fluctuating, while traders awaited quarterly earnings and Fed signals.
Pittsburgh AP reports shareholders approve a triangular merger creating North American Rockwell Corp, linking Rockwell Standard with Draper and North American in a move to form a major industrial giant. State and federal antitrust questions noted as divisions push to close the deal and declare dividends.
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