Market year end rally stalls as stocks ease on tax switching
The New York market failed to sustain gains with the Dow down 1.08 to 650.56 and the S and P 500 off 0.09 to 62.93. Brokers cited tax selling and window dressing as funds moved assets to boost year end reports. Volume was moderate at 3.67 million shares.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
Wall Street
Associated Press
UPI
Dow- Jones
Hoss
New York Stock Exchange
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Ee Brunswick
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Gen Motors No
el Paso NG
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Assen
A Inc
Hig
Ene Press
Ulls. Fen. Lyd
American Stock Exchange
Tuerdon
Soldfield
Ewe Wees
Over-the-Counter Stocks and Market Quotations Roundup
The page compiles over-the-counter bid and asked quotations for numerous stocks and funds. It lists prices for independent issuers and mutual funds, with many entries showing bid and ask ranges along with notable changes and sector groupings.
NY Bonds Close Mixed as Treasuries Drag Markets
New York investors saw Treasury bids and asks nudging bond prices with small net changes and varied yields on Thursday. The AP report notes activity across over the counter trading and market responses to U.S. Government debt movements.
MENTIONED IN THIS ARTICLE
New York
U.S
Treasury B& Bid
Markets At A Glance Cotton Up on Stop-Loss Buying
New York trading notes lower overall stocks with late selling, mixed bonds, and firm wheat and oats. Cotton strengthens with 1963 crop months leading gains. loan data show week ended Dec 21 totals of 247,572 bales, plus 4,152,256 bales of 1962 crop outstanding, versus 3,420,582 bales in 1961 crop.
MENTIONED IN THIS ARTICLE
New York
Commodity Credit Corp
Livestock Prices Fall Across Markets Amid Broad Slump
Chicago hog and cattle sales show a broad 25 cent or more drop with demand weak. Mixed No 1 2 steers and heifers mostly steady despite lighter test. bulls and lambs fluctuate with top calves and good to choice grades highlighted. Fort Worth data include cattle, hog, and sheep prices across several grades. Wool futures rise slightly with active spot markets and varied certificates.
MENTIONED IN THIS ARTICLE
Fort Worth Livestock Fort Worth
Bonds Mixed in NY as Treasuries Slip and Corporates Rise
U S Treasury bond prices fell for the second session while corporate bonds moved narrowly higher. Intermediate and long term government bonds sagged 4 2 to 6 3 2 points, with some smaller losses. Corporate volume on the NYSE totaled around 4 8 million. Gainers included McCrory 5s of 1976 at 82 Chicago and Eastern Illinois Rail road 5s of 2054 at 29 Union Pacific 24s of 1991 at 70 and Chicago Rock Island and Pacific 5148 of 1983 at 103.
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McCrory
May Stores Realty
Chicago and Eastern Illinois Railroad
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Chicago, Rock Island and Pacific
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