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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
May 12, 1981
Page
6
Select listings show mixed results on Friday with gains for Air Prod and Conoco among notable movers. Tech and energy names hareketed, while airline and financials fluctuated as investors weighed quarterly results and macro signals.
Washington sources say the administration expects to secure major portions of spending and tax cuts plus deregulation this summer, but monetary policy faces doubt as the Fed struggles with money supply growth. Officials seek firmer control to sustain noninflationary growth.
UPI reports a soft start on the New York Stock Exchange with the Dow Jones Industrial Average down 1.35 points to 962.08 after a prior 12.96 point drop, while overall indexes show declines 506 to 272 against 1,162 issues crossing the tape and about 2.83 million shares traded in early volume.
The zodiac reading notes your birthday aligns with Bea Arthur and Joe Louis. The year promises romance and new friendships, possible profit from a hobby, tax advice sought, labor slowdowns, and an excellent overall business outlook with reinvested profits. ARIES through PISCES guidance follows.
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