Market wrap shows Dow slips as Phase 3 fears linger
New York stocks eased with the Dow down 2.93 to 1026.19 as investors weigh Phase 3 inflation and rate implications. NYSE volume reached 17.02 million shares amid a mixed session led by energy and tech issues. Exxon, Gulf, and Texaco climbed while IBM and Control Data faced antitrust action, and market chatter focused on potential prime rate increases and wage controls.
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Dow Jones Close Mixed as Stocks Rally Energetically
Market wrap notes Jones closing level with mixed gains across sectors. Industrial and utilities indices show slight gains while transport and other equities slip. Over counter listings include Aldon Electric, Amer Founders, Lifes, and nuclear-related names noting modest activity. NAD quotes are reproduced from the source.
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