New York Stocks End Mixed On Monday Outlook
Nationwide stock list shows varied gains and losses across NYSE components. Notable movers include AmCan, Boeing, Chrysler, and Citigroup peers with price shifts reflecting market uncertainty. Investors monitor energy and industrials while tech remains subdued.
MENTIONED IN THIS ARTICLE
YORK
UPI
New York Stock Exchange
AlliedSt
Allis
Orang
AmCan
Armeo
Asarco
Brunswick
Bucyrus
CBS DO
Chris Craft
Chrysler
Market gains lift as Dow climbs on money supply news
The Dow Jones industrial average rose in early trading aided by better than expected money supply data. Gains led NYSE issues two to one as the Fed reported a $3 billion drop in the money supply, softening expectations of rapid tightening. Baldwin United slid after reporting a $617 million quarterly loss while Chrysler advanced slightly amid Iacocca signaling his plan to stay with the company.
MENTIONED IN THIS ARTICLE
Federal Reserve
Wall Street
Fed
Baldwin United
Chrysler
Lee Iacocca
NYSH
American Stock Exchange
International Business Machines
Schlumberger
American Telephone & Telegraph
NYSE
World debt crisis challenges major banks and lenders
A global debt crisis threatens the solvency of multinational banks as developing nations accumulate about 700 billion dollars in loans. Debtors and creditors seek renegotiation while fearing wider bank failures, with Volcker warning tough strains could stall world economic recovery. Banks push for growth despite critics alleging greed.
MENTIONED IN THIS ARTICLE
Latin America
Africa
Asia
United States
Federal Reserve
Paul A. Volcker
Martin S. Feldstein
Reagan
Benjamin Franklin
Morgan Guaranty Trust Co
New York
Firm renames to Finnegan Lyon and Houseworth P C
Finnegan Lyon Colburn P C of Syracuse will be Finnegan Lyon and Houseworth P C Maurice J Finnegan Jr says John T Houseworth named director overseeing projects and personnel and becomes partner joining Finnegan and Douglas H Lyon in leadership roles The change emphasizes services to health care facilities and project management duties.
MENTIONED IN THIS ARTICLE
Finnegan, Lyon & Colburn, P.C
Finnegan, Lyon & Houseworth
P.C
Maurice J. Finnegan, Jr
John T. Houseworth
Finnegan
Douglas H. Lyon
Dollar Gains in Europe as Gold Prices Rise Across Markets
The dollar strengthened against major European currencies amid expectations of possible U S credit tightening after a large drop in money supply. Gold prices rose with dealers noting Fed Open Market Committee signals ahead, while bullion rates shifted across New York Zurich London Hong Kong.
MENTIONED IN THIS ARTICLE
U.S
Frankfurt
U.S. Federal Reserve Open Market Committee
Open Market
Tokyo
Europe
London
New York
Handy & Harman
Zurich
Hong Kong
Gala
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