Late rebound forebodes a Harsh Market Slide
In New York the stock market weakened with the Dow Jones average down sharply after a brief late rally. Volume remained light as insiders noted selling pressure and a broad decline across many shares.
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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Aug 24, 1976
Page
6
In New York the stock market weakened with the Dow Jones average down sharply after a brief late rally. Volume remained light as insiders noted selling pressure and a broad decline across many shares.
Investors saw declines as Standard & Poor's 500 slipped to 101.96 and the NYSE composite fell from over 1,500. The American Stock Exchange market value index dropped 0.8 points and the NASDAQ composite closed at 89.60, down 0.3 points.
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