New York Stock Exchange closes uneven weekly prices
New York markets report Friday closing averages with mixed gains and losses across major indices. Industry leaders and banks show varied movement as traders assess economic signals and company results.
Stock Prices Rise and Profit Taking Clips Gains
NEW YORK UP. Stocks rose amid eased credit fears with major banks cutting prime rates. The Dow gained 3.34 to 844.4, volume eased to 9.69 million shares as 1,428 issues advanced while 442 declined and 241 held steady. General Motors rose 1.4, Chrysler 1, American Motors 0.44, Ford down 0.44 as overall market remained cautious.
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