Markets Sink Again as Dow Drops to 1963 Low
New York stocks slide on Friday as the Dow Jones Industrial Average falls 4.29 to 744.06, its lowest point since the day after Kennedy's assassination in 1963. The broader market shows widespread declines with 901 issues down, 421 up, while 263 edge higher.
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Markets Slide in Moderate Trade Amid Mixed Signals
At New York markets, activity was irregular with some downticks and light trading. Overall, liquidation appeared to dominate while certain commodities showed gains. the week’s trend reflected mixed demand and uneven momentum as investors weighed recent data.
Dow Jones Averages and Market Figures Summary
Dow Jones closing levels show industrials at 758.20 and utilities around 106.91 with mixed shifts. Transportation and steel sectors edged lower while rail shares varied, and overall trading volume for stocks in the averages ran over 1.5 million shares.
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