Stock Market Slumps After Abortive Rally In New York
The Dow Jones average finished 21.59 points lower at 968.22 as the stock market slumped despite an early 6 point gain. The NYSE list showed 91 advances to 48 declines with 10 new highs and 116 new lows amid weak dollar signals and investor caution. Nixon pledged Phase 3 will work while analysts cite psychological factors behind the downturn.
MENTIONED IN THIS ARTICLE
New York
Martin 1 Xlfriend
Heine & Co
Washington
Nixon
Monte Gordon
Dreyfus Corp
T: Stock Exchange Idex
American Stock Echange
Dow Jones Closing Averages Report Reads Mixed
Dow Jones stock averages show a range of readings with some sectors edging higher while others slip. The report lists several issuing companies and indices with notable figures like Transactinns in stocks and commodity notes, reflecting varied market activity.
MENTIONED IN THIS ARTICLE
York
Dow Jones
Hirth Law
Indus
Tran
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