Prices Move Higher After Sluggish Start
The Dow Jones industrials finished the day up 5.79 at 886.36, aided by a late rally despite a 10 percent prime rate rise. Volume reached 13.76 million on Friday with 20 new highs, 32 new lows, as traders moved into broader stocks and notable gainers included Eastern Air Lines and Gulf Oil.
MENTIONED IN THIS ARTICLE
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Wells Fargo Bank
First National City Bank
Eastern Air Lines
Gulf Oil
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T&t
Fannie Mae
Standard Oil of California
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Houston Oil & Mineral
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Wall Street Stock Listings Show Mixed Friday Activity
New York AP reports a broad set of American Stock Exchange quotes with disparate moves across airlines, energy, and industrials. Notable entries include Alaska Airlines trading around 33 6% and Allied Arts near 244, reflecting uneven demand amid a volatile session.
MENTIONED IN THIS ARTICLE
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Dow Jones Averages Decline Amid Mixed Trading
The Dow Jones Industrial Average hovered around the session highs and lows amid mixed trades. The index showed a slight drop while several industrials and utilities moved, with several stocks reflecting gains and losses as market activity continued in a volatile session.
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By Roger Boller