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Wall Street Climbs as Nixon Bet Sparks Market Rally
The Peace Rally lifts the Dow Jones above 840 amid buoyant trading. News of a possible direct talk with the Provisional Revolutionary Government of Vietnam and whispers of US Russia talks fuel optimism. Analysts project lower interest rates and easing inflation. earnings outlooks improve for several stocks including Raytheon, Outboard Marine, Atlantic Richfield, Cities Service, and White Consolidated Industries.
MENTIONED IN THIS ARTICLE
U.S
Henry Cabot Lodge
Vietnam
Provisional Revolutionary Government of
Paris
Washington
Saigon
United States
Russia
Moscow
Hanoi
Nixon
Congressional Appropriations and Finance Committees
Paul W. McCracken
Council of Economic Advisers
Burns
Raytheon Nyse
Outboard Marine Nyse
Cities Service
Atlantic Richfield Common
Cities Service Common
Atlantic Richfield
Cities’ Common
Alaska
Atlantic Common
North Atlantic
Prudhoe
Bell & Howell
Cubic Corp. Ase
Varian Associates
White Consolidated Industries Nyse
White
Allis Chalmers
Allis