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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jan 04, 1961
Page
7
The opening session shows mixed performance across indices led by industrials and utilities with technology and rail shares contributing gains while a few declines appear in energy and financial stocks. Trading remains broad as investors weigh inflation signals and corporate results amid a choppy session.
A broad market retreat hit leading issues on the first session of 1961 as profit taking trimmed gains from 1960 year end. Auto stocks rose modestly while steel and other industrials showed mixed moves amid tax related selling and thin volume. The Dow average slid as utilities and tech shares fluctuated and traders awaited stronger investment demand.
A fragmented OCR item mentioning a person and a number, with unreadable surrounding context. The readable bits identify names and a code or identifier, but the full event or action remains unclear. Further text is needed for a proper summary.
An advertising insert promotes The Wall Street Journal as a daily business paper delivering up to date reports on prices taxes consumer buying government spending inventories financing production trends commodities securities marketing and new legislation. It touts wide press association coverage and quick delivery from the Pacific Coast office in San Francisco with a subscription offer.
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