Inflation Fears Nip Mart Gain In New York Stocks
Inflation worries damped an early rally on Tuesday as the Dow Jones industrial average fell about 3 points to 824 after trading higher in the first half hour. The NYSE composite slid to 47.20 and the market saw rising volume with declines outpacing gains among 1,811 issues. Occidental Petroleum led active movers with a drop to 18, and the market-wide indexes showed a muted to downbeat close amid further earnings and dividend news from several companies.
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