Capital gains tax break under attack in Washington
The capital gains tax preference faces elimination proposals by President Carter and Senator Kennedy. The end of this tax break could hit high tech regions and reduce funding for firms like IBM, Xerox, and National Semiconductor, slowing innovation and jobs. The debate centers on moving to lower all income tax rates while removing capital gains advantages.
MENTIONED IN THIS ARTICLE
James J. Mitchell Copley
Edsel
Washington
U.S
Ibms
Xeroxes
National Semiconductors
Carter
Edward M. Kennedy
D-Mass
Kennedy
Dow Jones 2 p.m. stock quotes and NYSE prices
NYSE quotations show mixed movement with industrials and transports fluctuating. The Associated Press reports late price levels across major stocks including AMBAC Ampex and Bausch among others, with notable activity in Coca Cola Boeing and Ford as investors weigh gains and losses.
Stock quotes from American Exchange show mixed results
The AP reports midday national prices for American Stock Exchange issues with numerous entries. Prices rise and fall across many equities including AllegAir AtlasCp Champto DynAm FedRes and others, reflecting varied investor activity.
MENTIONED IN THIS ARTICLE
NEW York (Ap
New York Stock Exchange
New York
American Stock Exchange
ASCE
Asamar
Alascm
AtlasCp
M&m
BYOB
HollyCp
Arizona stocks show Merrill Lynch readout from Scottsdale office
Merrill Lynch in Scottsdale provides NYSE and AMEX price figures for Arizona headquartered or facility-based companies. The data lists numerous tickers with bid ask highs and lows, percentage changes, and volume-related notes, reflecting broad market activity acrossArizona firms and sectors.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
American Stock Exchange
Arizona
State
Scottsdale
Merrill Lynch, Pierce, Fenner and Smith
Wall Street wary as recession talk spooks investors
The Business Mirror reports investors scramble after brokers warn of a mini recession within six to nine months. The Dow dips in reaction as markets test for signs, with some forecasters predicting a bull run while others warn against overreacting to one signal. Housing starts rise and GM remains optimistic, underscoring mixed data as traders seek the next clue.
MENTIONED IN THIS ARTICLE
New York
Wall
Tucker
Anthony
R. L. Day Inc
Thomas Murphy
General Motors
Market gains ground as Dow recovers on light trading
The stock market rallied in New York with the Dow Jones average up 7.02 to 962.44 by 2 p.m. as gainers outpaced decliners more than two to one on the NYSE. Trading remained extremely light with Big Board volume at 9.97 million shares.
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New York
Dow Jones
Indus
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