NYSE Stock Rally Amid Bond Gain and AT&T Antitrust Settlement
The New York Stock Exchange advanced as bond prices rose on unemployment data. The Justice Department settled its seven year antitrust suit against American Telephone & Telegraph, requiring divestitures over 18 months. AT&T and Bell System units paused trading before a noon Washington news conference. The Dow rose 4.75 to 866.58, with the NYSE composite up 0.39 to 69.41 as gainers outpaced decliners.
MENTIONED IN THIS ARTICLE
New York
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American Telephone & Telegraph
At&t
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Wall Street Quote Roundup From American Exchange
Nationwide composite prices for selected stocks listed on the American Stock Exchange are presented with last prices and initials obscured by OCR. Names and figures appear cluttered, but indicate a daily price snapshot including several tickers and traders.
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