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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Apr 18, 1958
Page
11
Oil shares and steel issues sparked a broad market advance as trading activity rose. Major stock indices posted fractional gains while bonds and rails showed mixed to higher readings, with utilities and industrials rallying and profit taking tempering advances.
On the New York Stock Exchange today, closing prices show varied movement across major stocks. Investors watched volume shift as several blue chips posted gains while others traded lower, signaling mixed sentiment in the late session.
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