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Mart Takes Broad Loss in Safe Wave
New York AP report details a broad stock market downturn led by renewed rate worries. The Dow fell 5.66 to 937.58 as 2 to 1 losers outpaced gainers on the NYSE while the Fed’s growing money supply spurred expectations of higher short term rates. Lockheed was the most active issue, the composite index dropped, and steel stocks showed mixed moves amid wage price concerns.
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New York
Toontime T
New York Stock Exchange
NYSE
Federal Reserve
Fed
Lockheed
American* Stock Exchange
Republic Steel
F . Republic
U.S. Steel
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