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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
May 19, 1973
Page
4
New York markets fell as Dow Jones dropped to its lowest since January with the Dow down over 2 points. Broader indices also declined as 1,647 NYSE issues closed lower and 276 rose. The S&P 500 slid to 103.86, and the NYSE index fell to 54.96 as trading showed broad weakness across stocks.
New York Stock Exchange volume totals 75.9 million shares, up from 64.8 million week prior but below 78.2 million a year earlier. A technical rally and April gains by the Commerce Department bolster sentiment before a sharp midweek drift and a nosedive after a Wall Street Journal piece quoting Geoffrey H. Moore hints at a possible recession. Dow Jones Average and TWA actives lead declines as futures trade in Chicago.
A dense market brief lists prices, highs and lows for Industrials, Railroads, and commodities with volumes and percent changes. It references trading activity in New York and various tickers, including stock averages, mutual funds, and bond figures, reflecting a busy session with mixed gains and declines.
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