Roundup Of Week's Market Activities
Complete roundup of weekly market moves in stocks bonds and commodities. AP writer Jack Lefler reports on fluctuating prices and notable shifts across major indexes and exchanges with brief firm-specific notes.
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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Mar 28, 1971
Page
7
Complete roundup of weekly market moves in stocks bonds and commodities. AP writer Jack Lefler reports on fluctuating prices and notable shifts across major indexes and exchanges with brief firm-specific notes.
New York Stock Exchange trading for the week weakened with all major averages down. The Dow fell 9.52 on Wednesday, the first time below 90 since March, while the 60-stock AP average slid to 313.0 and the NYSE index dropped to 55.19. Big Board volume slowed to 77.9 million shares as market readjustment and profit taking weighed on investors.
Active cotton futures on the New York Cotton Exchange ended the week with modest gains as near term positions rallied. No. 2 contracts rose about 11 to 4 points from the week’s prior close while open interest climbed, amid hedging, local buying, and strong export demand through March.
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