Market ends weak after morning rally stalls
New York stocks closed lower as investor demand remained weak for bargains. Dow fell 5.15 to 758.84, S&P 500 at 85 86 79, and Nasdaq/Large boards logged declines amid 10.51 million shares traded.
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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Jan 29, 1970
Page
9
New York stocks closed lower as investor demand remained weak for bargains. Dow fell 5.15 to 758.84, S&P 500 at 85 86 79, and Nasdaq/Large boards logged declines amid 10.51 million shares traded.
New York markets show wheat and soybeans down while corn and oats rise slightly. Hog prices ease by a few cents with top cattle and slaughter steer quotes lower amid moderate volume. Volume noted at about 7,000 with traders watching futures and wholesale trends.
The New York market wrap reports the Dow Jones averages slipping modestly with declines in industrials transportation and utilities sectors. Trading volume and bond data appear alongside the day’s commodity index fixed at 137.00, down 0.06.
An OCR fragment lists several financial names and insurers such as Alden Electric Amer Founders Life Natl Life In Capital Southwest Cavenaugh Leasing Data Automation Franklin Life and Gibraltar Life. The text appears garbled with scattered percentages and misspelled segments.
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