Market mixed after bleak news despite slight Dow drop
Stock averages eased little as gloom persisted in Friday trading. The Dow fell 4.21 to 870.11 while volume approached 9.98 million, with decliners outnumbering advancers. Analysts cited guarded optimism and signs of a potential bottom amid foreign exchange volatility and rising gold. Labor data showed unemployment easing yet wholesale prices jumped sharply, marking the largest rise since March. Large counters like FNM and AT&T led, while Amex volume leaned toward Syntex.
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Larry Wachtel
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Labor Department
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Stock Market Mix of Names and Numbers in Fractured OCR
New York trading lists show a chaotic ledger of stock names and figures. Names like Anwar, Koch, and Kroger mingle with prices, indices, and transaction codes, forming a dense, fragmentary snapshot of a bustling market page.
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Arma
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