Market Rally Fails To Hold As Mills Tax Plan Ignites Unease
The market opened with a mid-session rally but failed to hold gains. The Dow fell 3.25 to 900.20 as trading remained active with about 1.83 million Wax Jame shares moving, while rivals saw mixed moves and traders cited Mills remarks on surtax and dollars held abroad. The SEC cautioned brokers over delivery and record-keeping, tempering investor sentiment.
MENTIONED IN THIS ARTICLE
New York
Mills
United States
Securities and Exchange Commission
Associated Press
Markets At A Glance A Mixed Snapshot of Stocks and Potatoes
A compact market wrap notes mixed stock activity with minor declines in some commodities while others hold steady. Potato futures in New York show a weaker trend with Maine prices down and sales totaling 269 contracts as of the latest tally.
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