Stock Market Rises Late on Light Volume in Holiday Week
New York AP reports the Dow Jones industrial average near 979 with a 6.1 point gain as traders end the session on light volume ahead of Washington's Birthday. Analysts cite short-covering and cautious stance amid inflation fears and international monetary uncertainties.
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Dow Jones Markets Report Sees Modest Gains Across Sectors
New York stock indicators show mixed movement with utilities showing a strong gain while industrials and transportation rise modestly. Bonds edge lower as overall market activity slows, and the Dow Jones Commodity Average closes higher on the day.
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