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Independent in Long Beach, California

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Articles on This Page

This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Apr 03, 1975

Page

20

Market slides as rates push stocks lower again

New York stocks fell for the third straight session as fears of rising long term rates weighed on trading. The Dow industrials drifted into negative territory while the NYSE composite and the broader market logged losses amid mixed earnings chatter and investor caution.

New York Standard & Poor New York Stock Exchange Gaitars

Market drift as recession weighs on profits and bonds

Stock investors weigh recession driven profits and a wary bond market. Treasury officials caution rates may dip below 8 percent but could rise again if inflationary pressures grow. Data General and Digital Equipment shares fluctuated with mixed gains as the NASDAQ and Amex indices showed modest moves.

Treasury Liam Simon ERM

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