Market Decline Persists as Trading Drops Friday
New York markets eased as lower priced issues led declines while trading slowed to the slowest pace in over a month. Steel, rail, and motor stocks lagged with notable moves in Osher, Alden, and American Standard. Investors stayed on the sidelines amid steel strike worries and mixed results across industries.
MENTIONED IN THIS ARTICLE
New York
Fairbanks-Whitney
Steels, Rails and Motors
Osher
Standard Ol
Glen
Market Wrap and Averages Drift on Mixed Trading
Standard and Poor index notes a mixed session with the Dow Jones industrial average down 1.16 at 657.13. the Associated Press 60-stock average down 0.70 to 250.40. 3,202 issues traded, 572 fell and 410 rose. Volume was 510,000 shares, the smallest since June 19. There were 32 new highs and 16 new lows for the year amid uneven gains and losses across sectors.
MENTIONED IN THIS ARTICLE
Dow Jones
Associated Press
Fee Ss
Market Wrap Impacts and Rail Stocks Downgrade
A noisy trading session shows mixed results across sectors led by rail shares decline and insurance stocks strength. Traders note erratic prices with delayed openings and a pileup of buyers influencing early moves as 3M and Lorillard figures appear in the day’s market chatter alongside Meade and Eastman Kodak movements.
MENTIONED IN THIS ARTICLE
Burlington Industries
Royal Dutch Up
Minneapolis
Moline. Up
Hupp’ Corp
Beckmann Instruments
J. R Thompson
Cate
Uae
Busta Abies Sn
Tits Vis Reeves
MEAD
Baia Ie Ee Lorillard
Reo
Erica
Liggett & Myers
Schering Rose
Eastman Kodak
Dimouce
Crain
Thera Pacific
SZ Ask
SeaSarty
Bini Pe
Baron Oy
Ian Ce
Ste Beto
Associates
Peet
Cassoer Chase Machen
Brennan
Angeles
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