Market Weathered By Profit Taking Amid Rally Push
New York the stock market faced heavier profit taking this week with the Dow Jones industrials closing at 831.90 after a Friday rally aided by a decline in bank lending rates. The NYSE composite rose to 48.05 while the S&P 300 advanced to 90.88 as volume dropped to 89.9 million shares signaling cautious trading ahead of May outcomes and ongoing bank rate cuts.
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