Market Makes Slight Gain Amid Profit Taking On Wall Street
New York stocks rose modestly as profit taking persisted, with the Dow closing up 1.26 at 972.6 amid mixed earnings. Big Board volume reached a record 348 million shares, while the S&P 500 gained .31 to 90.18 and the NYSE composite rose to 53.82 as analysts cited rising corporate profits and resilient sentiment despite rate indications. Avan Products jumped on a strong quarter, Pennzoil edged up on earnings prospects, and United Technologies climbed on higher earnings and dividend lift. Merrill Lynch and Citicorp led gains among financials as market breadth favored advances.
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New York Stock Exchange Transactions Highlight Active Stocks
AP reports top NYSE movers with prices, closes, and net changes. Firms listed include Texaco, Gen Motors, Dow Jones peers, and a wide array of industrials and utilities. Details show daily shifts, highs and lows, and notable volume leaders across sectors.
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New York Stock Exchange
Stock Market Snapshots From A Turbulent Trading Day
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