Pessimism Dampens Stock Market in 1969 Outlook
The Dow Jones fell to 744.06, down 31.48 after five sessions, its lowest since Nov 27, 1963, amid investor pessimism. The AP 60-stock average slid to 257.4 and the S&P 500 dropped to 85.02 as earnings and inflation fears pressured the market.
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Weekly U S cotton futures slip on dull market
Prices of active cotton futures in New York declined last week with No 2 contracts from March to December delivering losses of 19 to 29 points. Turnover totaled about 37 900 bales as traders waited on farm legis lation and some switching from March to May reduced activity. Exports so far this season run below last year in the period to January 27, reflecting last year’s dock strike.
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