Market Plunge Deepens on Nixon Program Reactions
The stock market fell sharply as Nixon’s economic plan drew mixed reactions. The Dow dropped 14.37 to 888.55, the NYSE index slid to 5536, with 1,101 advances to 316 declines across 1,737 issues. NASDAQ also declined, while bond activity showed mixed loan rates and government fund movements.
MENTIONED IN THIS ARTICLE
New York
Nixon
Robert Stovall
Reynolds Securities
Sta
America
Aba
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