Second best gain of year in steady stock rally
The New York stock market posted its second best gain of the year as the Dow rose 18.77 to 767.99 aided by signs credit markets withstood pressures from the federal budget deficit. The S&P surged 1.83 to 2.84 and the NYSE composite rose to 43.88 amid broad gains. volume climbed to 18.12 million shares despite a 26 minute halt. Major blue chips including IBM, Johnson & Johnson, Eastman Kodak, and Union Carbide led advances while oil stocks like Exxon and Atlantic Richfield rose modestly. The Amex value index jumped 1.27 to 60.32 and the NASDAQ composite gained.
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New York
Standard & Poor
New York Stock Exchange
NYSE
Monte Gordon
Dreyfus Corp
Treasury
IBM
Johnson & Johnson
Digital Equipment
Eastman Kodak
Union Carbide
Standard Oil
Indiana
North Sea
Exxon
Standa Oil
California
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Ben Wythe
Croaysco
Rees
Damien
Mathie
Amie
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Sima
Uae
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USA
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Frenecomt
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Crater
Tata
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Gcaternate
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Eisen
Cole
Gen Vnarn
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Mancom
Igomagrs
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Securies
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