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Wall Street sees mixed gains as rates ease and takeovers loom
UPI report notes stocks generally advance with trading rising to five month highs as rates ease. Major indices show small gains while NASDAQ and AMEX rally on speculative issues amid a Mobil Marathon takeover backdrop and expected further rate cuts.
MENTIONED IN THIS ARTICLE
Frank W. Slusser
UPI
Wester New York
Mobil Corp
Marathon
National Association of Securities Dealers
Federal Reserve
Treasury
Donald Regan
Reagan
Wall Street
NYSE