Market ends near highs as Dow tops 4010 again
The Dow rose 8.41 to 4,011.74 on Friday as the market hovered between gains and losses. Advancers led decliners 1,127 to 1,048 on the NYSE with big Board volume at 305.39 million shares as investors weighed Fed signals and durable goods data suggesting a steady but cautious growth path. Analysts cautioned about a potential pullback despite a floor under prices from expectations of a soft landing and moderate inflation.
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NEW York
New York Stock Exchange
Dow
James Solloway
Argus Research
Federal Reserve
Alan Greenspan
Fed
Larry Wachtel
Prudential Securities
Commerce Department
U.S
Durable goods orders rise in January on strong machinery demand
U S durable goods orders climbed 0.6 percent in January, led by a 7.2 percent jump in industrial machinery and equipment. Analysts say the economy remains on solid footing as Greenspan signals potential rate cuts if growth slows, while transportation goods fell and defense orders dropped 33 percent. Unfilled orders grew for the fifth straight month, shipments up 0.8 percent.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Michael Moran
Daiwa Securities America Inc
Congress
Federal Reserve
Alan Greenspan
Marilyn Schaja
Donaldson, Lufkin & Jenrette Securities Corp
New York City
Greenspan
Roger Brinner
Dri-Mcgraw Hill
Lexington, Mass
Brinner
Fed
Central Bank
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Phyllis Beers
Mary Kay Cosmetics
Samantha
Cosmetics Company
Burdette Brothers Pontiac
Hyattstown
Mary Kay
Wendy Norris
Susan Johnson
Deedra Thompson
Cindy Mann
Billie Stokes
Trudy van Horn
Eric Miller
Donaldson, Lufkin & Jenrette Securities
Standard&Poor
Standard&Poor’s
Dow Jones
Ewer As
AllgPwr
Altimax
Avemco
Baltge
Beli Atl
Bio Whittaker
Citizens Bank
Coca Cola
Comsat
Crown Amer
Exxon
Fcnb Corp
F&m
Fom
Farmers and Mechanics National Bank
FDIC
OMS M Rural
Wall Street Journal
PG County
Citizens Is Savings Bank
Soene
Frederick Branch
W. Patrick St
Ange
FCN. Bank
Antietam
Frederich
West Fsk
Bredend
Lces
Maidietown
Rosemont
Walkersville
Montgomen
Damascus
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