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Lubbock Avalanche Journal in Lubbock, Texas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Jan 10, 1971

Page

8

Market stalls as investors await rate cuts

New York stocks edged lower as profit taking and doubt over widespread rate cuts dampened trading. Dow fell 0.82 to 837.01 while the NYSE composite eased to 50.46 and the S&P 500 slipped to 92.19 amid mixed gains in utilities and airlines.

New York Federal Reserve Board Wall Street Associated Press Standard & Poor New York Stock Exchange General Public Utilities Fannie Mae Big Block Clark Oil Allied Chemical Shulton Industries Massey Ferguson Pennzoil United American Airlines Chrysler U.S

Dow Jones Averages Report From New York

Dow Jones closing ranges show Industrials at 843.31 831.94 837.01, Transports at 177.96 174.91 176.75, Utilities at 123.69 121.55 122.48, and Industrials up 0.61 while Transports rise 0.61 and Utilities 0.29 with Stocks up 9.21.

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New York Stock List and Market Totals

A dense list of stock prices and market figures shows fractional gains across sectors. The Dow Jones futures index dips slightly while various industries including utilities and rails post modest increases and notable firms such as Kodak and Eastman exchange varied moves.

Also Mentioned on This Page

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