Market steadies after early losses in New York stocks
The New York Stock Exchange opened with losses but turned steadier midday as the Dow Jones average hovered near 96 while volume reached about 7.5 million shares. Traders cited Yom Kippur impacts and a warmer buyer mood at lower prices, with Sony active at 8 percent and the composite index near 52.08.
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Tougher penalties sought for bumping on flights
The Civil Aviation Board proposes higher airline compensation for passengers bumped from flights. The plan aims to curb overbooking and reduce hardship, noting 133,000 cases in 1976. Some carriers oppose tougher rules, but officials urge action to alleviate distress.
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