Market Tumbles as Blue Chips Lead Downward
New York stocks closed sharply lower as weakness in blue chips, tight money, high rates, and Viet Nam war fears weighed on sentiment. The Dow fell 6.90 to 886.19, the S&P 500 slipped 0.57 to 86.88, and 741 of 1,394 issues declined. Bond prices dropped to 40-year lows amid hopes of a higher discount rate.
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New York
U.S
Viet Nam
Federal Reserve Board
Dow
Associated Press
Standard & Poor
Atlas Corp
Advanced
Joy
Douglas Aircraft
Fairchild Camera
Pan American World Airways
American Telephone
Montgomery Ward
du Pont
General Electric
Investors eye New York Stock Exchange list and trends
A dense stock market snippet shows trading activity across many firms and funds in New York, with figures for shares, prices, and dividends. The piece mentions major groups including Keyston Funds, Aberdeen, Am Mut, and Lazard, highlighting performance and market movements amid a broad scan of equities and investment trusts.
Markets at a Glance Amid Mixed Trading in New York
Markets show mixed moves with declines in some floors and higher UP moves in others. The Associated Press reports wholesale price indices edging up while bond averages, stock leaders, and commodity futures reflect varied momentum across sectors.
Dow Jones closes lower as bonds and futures mix market drift
UPI reports stock averages slip with the Dow Jones industrials down 6.90 while rails and utilities fall. Futures on the Chicago Mercantile Exchange show mixed moves in Shell eggs and frozen products with livestock prices varying across cattle and hogs amid cautious trading.
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Chicago
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Aa. G
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