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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Aug 22, 1973
Page
5
The Dow Jones average of 30 industrials closed at 857.84, its lowest year close as declines accelerated in the last half hour. Advancers trailed decliners 961 to 392 on NYSE, with volume at 114.8 million. Analysts cite inflation, rising interest rates, and defensive positioning despite dollars firming and lower gold prices.
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