Johannes Steel Checks Out Wall Street
The market falls after Kansan City announced, with the S&P and Dow sliding, as investors react to Dole becoming the Republican ticket’s number two. The Fed’s caution on Bankers Trust spawns banking anxieties amid a fragile economy.
MENTIONED IN THIS ARTICLE
Johannes Steel
Wall Street
Kansas City
Robert Dole
Federal Reserve Board
Bankers Trust Co
New York
Fed
Bankers Trust
New York State Banking Department
Local Interest Stocks and Market Commentary
New York stocks show gainers and losers on the NYSE as of 4 p.m. quotes. Analysts discuss bank sector weakness, General Dynamics prospects, Hewlett Packard earnings, and GNMA FNMA mortgage plays amid shifting Fed and housing market signals.
MENTIONED IN THIS ARTICLE
General Dynamics
Spain
Turkey
Korea
Israel
U.S
Quincy
Mass
Navy
Hewlett Packard
Congress
GNMA
FNM
Federal National Mortgage
Elliot Schneider
Gruntal & Co
FNMA
Wall Street
FNMS
Notable activity in stocks across exchanges Friday
UPI reports brisk trading on the New York Stock Exchange and American Stock Exchange with 146 144 100 shares shown in Friday totals. The Standard & Poor’s index data and OTC market near-totals are included with notable volume and advances declines figures.
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