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Traditional Wall Street Rally Misses the Summer Boom
AP Business News reports Wall Street failed to deliver the traditional summer rally as prices fell to the lowest in over two years. Trading volume rose but buyers stayed scarce amid inflation talk, rising profits, and factors like tight money, a Viet Nam War era uncertainty, bond yields, and possible tax hikes. Dow closed at 780.56, 24.06 points down from a week earlier.
MENTIONED IN THIS ARTICLE
Y Sam Dawsor
Business News Analy
New York
Dow