Stock Market Stages Mild Upswing Then Stumbles
The Dow closes unchanged at 79.42 after a mid day gain as rates rise and credit worries persist. Traders note cautious buying on some big names while movie stocks rally on anticipated profits from Star Wars and related releases. Norton Simon leads active list after reporting higher full year earnings and dividend raise.
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Norton Simon
Stocks Mixed As NYSE Edges Higher in Late Day Trading
The New York Stock Exchange and Amex showed mixed activity with the NYSE composite up slightly to 1053.67, while the Amex index rose but lagged decliners. Nasdaq closed down, with numerous listings and individual names cited among advancing and declining issues amid broad market volatility.
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