Stocks Rise On Slash In Margins In New York Market
New York stocks moved higher as margins were cut and market optimism grew. Traders noted late-session gains followingFederal Reserve signals and supportive financial news, with investors digesting mixed reports and curling price adjustments amid a volatile trading day.
U S Bonds Advance in New York Market Tumble
Federal board actions and corporate market shifts dominated trading on Thursday at the New York Stock Exchange and regional exchanges. Investors watched declines and modest gains across sectors as bonds moved up amid uncertain federal policy signals.
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