Complete Markets News Wire Market Summary
New York markets report broad activity across stocks bonds and commodities. Cotton livestock and grain futures show mixed results as traders weigh economic signals.
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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Aug 17, 1971
Page
3
New York markets report broad activity across stocks bonds and commodities. Cotton livestock and grain futures show mixed results as traders weigh economic signals.
New York stocks surged to record gains as trading peaked with the Dow Jones up 32.93 to 888.95 amid Nixon economic moves including a 90 day wage price freeze and dollar float. Volume climbed to 31.73 million on the Big Board while the 60 stock index and S&P posted notable advances and many issues hit new highs.
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