Stocks Edge Higher After Tepid Session In New York
The market closed with modest gains as the Dow Jones Industrial Average rose 1.37 points to 731.45 and the New York Stock Exchange index inched up to 42.28 while volume rose slightly. Analysts cited thin news flow and hopes for second quarter earnings as factors, with brokers noting a lackluster tone amid anticipated Middle East developments and GM strike concerns.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
General Motors
Lucien C. Hooper
W.E. Hutton
Israel
U.S. Middle East
Associated Press
Standard & Poor
Braniff
American Smelting
Newmont
Xerox
Phelps
Dodge
Amerada
Hess
Natomas
Chrysler
Zenith
Markets At A Glance From New York Stock Exchange
Markets at a glance show mixed activity with sugar and soybeans trending higher while cotton wheat and corn edged lower. Interdealer prices and late trading reflect a cautious session as investors weigh wholesale price indices and notable company quotes.
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