Wall Street Weekly Review Shows Worries For Outlook
NY stock week ends with mixed to lower tone as traders weigh Nixon comments and inflation. The Dow Jones average rebounds then slips, with industrials leading declines while bargain hunting fades and sentiment remains cautious about the market's direction.
Stock Market Mixed as Banks Compromise Rumors Lift Returns
The New York Stock Exchange Composite and Standard & Poor's 300 rose modestly while advances beat declines in a broad session. Volume climbed to about 78 million shares as traders weighed a reported compromise among big banks and the administration on prime lending rates amid ongoing rate expectations.
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