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Lubbock Avalanche Journal in Lubbock, Texas

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Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

May 31, 1970

Page

7

Week Wrap: Stock Market Surges After Midweek Rally

A volatile week saw the Dow Jones index plunge on Monday and Tuesday, hitting multi year lows, then rebound sharply on Wednesday with a record 32.01 point rise. The market eased Friday but closed higher, with overall turnover above 17 million shares on several days. Analysts split on the durability of the rally amid economic and geopolitical uncertainties.

New York Dow Jones Kennedy Associated Press Analy SignifiCoie Oese

Weekly Cotton Prices Turn Up After Start

In New York the cotton futures market rose at week’s end after an initial slide. By Thursday closing, No contracts on the New York Cotton Exchange edged up 38 to 47 points while No. 1 deliveries remained unchanged. Trade short covering and offerings absorbed, with volume rising but limited by incentives and a week tight end.

New York Ton Exchange

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