MARKET SUMMARY Stocks Bonds Pull Back Across Commodities
Stock markets eased amid broad selling while bonds edged higher. Cotton and grain futures fell with livestock futures slipping as investors reassessed demand signals and supply outlooks.
Dow tops 900 as NY Stock Exchange gains close higher
Stocks closed higher in New York with the Dow Jones average over 901 for the first time in a month. Prices rose on optimism about a slowing but not recessionary economy, while volume leader Columbia Broadcasting System and American Telephone traded heavily in block actions amid general gains across major indices.
MENTIONED IN THIS ARTICLE
New York
Dow
Nixon
Columbia Broadcasting Systems
U.S. Industries
American Telephone
Kennecott Cooper
Crown Zellerbach
International Paper
American Stock Exchange
Imperial Oil
Amex
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