Stock Market Gains Sharply on Credit Stabilization Signs
New York stocks rallied led by IBM and DuPont after evidence that credit markets withstood heavy borrowing for a federal deficit. The Dow jumped 18.77 to 787.99, S&P 500 up 1.85 to 82.84, NYSE composite up .90 to 43.88, with volume at 18.12 million shares. Major movers included IBM, DuPont, Eastman Kodak, Union Carbide, and Standard Oil affiliates as the market absorbed bond-market worries and a brief NYSE trading halt.
MENTIONED IN THIS ARTICLE
Standard & Poor
New York Stock Exchange
NYSE
Monte Gordon
Dreyfus Corp
Treasury
IBM
DuPont
Johnson & Johnson
Digital Equipment
Eastman Kodak
Union Carbide
Standard Oil
Indiana
North Sea
Exxon
Atlantic Richfield
Standard Oil of
California
Aetna Life & Casualty
Ups
Oy Franklin Mint
Sherwood Medical
American Stock Exchange
Amex
American Stock List Notes and Bond Sales
American Stock Exchange figures show approximate total stock sales around 2,060,000 with a year ago figure near 1,694,730. Bond sales approximate 1,210,000, with a prior period at about 7,000. List includes various tickers and prices in terse AP style.
MENTIONED IN THIS ARTICLE
AMEX
Full NYSE Transactions Ledger Highlights Widespread Trading
A dense OCR list shows NYSE ticker entries with prices, volumes, and percent changes across many companies. Names such as Morgan, Motorola, Pfizer, Coca Cola, AT&T, and PepsiCo appear amid a long ledger of securities and market activity.
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the Register
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Ryan Hom
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By Roger Butler
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