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Market recovers amid mixed session after early losses
New York stocks closed modestly higher as losses faded from a volatile morning. The Dow Jones industrial average ended up about 0.37 points at 967.41, with Rite and Bethlehem Steel among leaders and Polaroid rising on stronger third quarter results. Analyst commentary cited profit taking, ongoing Middle East tensions, and Fed policy as factors shaping the session.
MENTIONED IN THIS ARTICLE
New York i
Bon Jones Industria
New York Stock Exchange
Ralph Acampora
Harris, Upham & Co
Federal Reserve Board
Particlarly Steels
Rite Said
Bethlehem Steel
Polaroid