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Market Tumbles as War News Sparks Decline on Viet Nam Truce Hopes
Stocks fell in a volatile New York session with the Dow slipping about 1.2 percent amid Viet Nam cease fire hopes. Trading volume surged to over 107 million shares as investors reassessed defense stocks and anticipated possible fare cuts and shifting earnings. The Associated Press average showed broad declines while several high profile issues traded down across industries.
MENTIONED IN THIS ARTICLE
New York
Aero Q.co Defense
Dow
Ixanes
Associated Press
Standard & Poor
Wall Street
United States
North
Viet Nam
U.S. Treasury