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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Sep 13, 1977
Page
7
Monday's closing prices across the New York Stock Exchange showed mixed results with key industrials and rail stocks fluctuating while utilities edged higher. Investors weighed ongoing earnings and supply chain signals as brokers reported moderate volume across sectors.
U S stock market extended losses amid Fed policy concerns. Dow Jones Industrial Average dropped 22.69 points, Nasdaq composite fell 31 points, and S&P 500 slid 37. Losses outpaced gains on the NYSE with about 18.7 million shares traded, while Amex and Nasdaq indices also declined.
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