Profit Takers Halt Sharp Market Rally
Wall Street swung as profit takers emerged after a strong rally, sending the Dow Jones average down 5.32 to 185.92. Trading volume eased on the Big Board while Exxon Atlantic Richfield and Getty declined, and Texaco Gulf and Continental slipped fractionally amid profit taking after near-year highs. Sony led activity with block trades, and the NASDAQ composite rose 2.03 to 1.45.
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New York Stock Exchange Transactions Mixed on Tuesday
NYSE complex prices drifted with numerous shares traded as traders watched the Dow Jones vary. The day featured wide lists from Abbie to Texaco with notable activity in Saks, Tropicana, and Boeing, among others, reflecting a broad market of buys and sells.
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