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Market Slump on Slow Friday Trading After Jobs Data
NY stocks sank in light trading as unemployment dropped to 5.6 percent in June. Dow fell 2.84 to 890.19 with volume near 10 million. NYSE index rose slightly, while Amex edged higher. Analysts warned rate hikes could dampen the recovery amid mixed sector moves.
MENTIONED IN THIS ARTICLE
New York
Labor Department
Eee
Monte Gordon
Bache & Co
Federal Reserve
New York Exchange
Associated Press
Standard & Poor
New York Stock Exchange
Commonwealth Oil Refining
Reynolds Metals
Chase Manhattan Corp
RCA
Warner-Lambert
Eastman Kodak
Xerox
Occidental Petroleum
UAL
Sunbeam
American Stock Exchange
Amex
Burns International
Gould Warrants
Johnson Products
Syntex
Texstar
Caldor
UPI
Dow Jones
Indus