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1965 Stock Market Posts New Highs Amid Defense Spending Boom
The 1965 stock market rose to record highs with turnover over a billion shares. Booming profits and dividends, plus defense spending tied to Viet Nam, fueled gains despite midyear dips. Inflation worries and higher interest rates later unsettled markets as economists weighed 1966 prospects.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Viet Nam
United States
Federal Reserve Board
Distiu Daw — Ue Gav
New York Stock Exchange
Dow Jones
Associated Press
Gardner Ackley
President's Council of Economic Advisers
U.S
Johnson