Word: amex
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...Standard & Poor's 500-stock index rose 0.30 to 656.37, and the Nasdaq composite rose 1.43 to 1,094.60. All three indexes broke Thursday's records. It was the sixth straight record for the Nasdaq composite and the fifth consecutive high for the other two indicators. The AMEX market value index, however, fell 0.65 to 564.01, failing to top Thursday's all-time high of 564.66. The London Gold market closed at $405.25, down...
...slightly depressed levels but shot up in the final hour on the strength of computer-driven buying programs. Trading was fairly heavy at 469.65 million shares. The NYSE composite index rose 2.83 to 349.15, and the Standard & Poor's 500 composite was up 6.13 to 656.06.The AMEX market value index climbed 2.07 to 564.66. The Nasdaq composite index rose 8.29 to 1093.17 breaking its record high of 1,089.08 set last Tuesday. Gold closed in London...
...drove the New York Stock Exchange to another record high. The Dow jumped 32.51 points to close at 5459.6 with trading at a muscular 455.32 million shares. The NYSE composite index was rose 1.64 to 346.32. The Standard & Poor's 500-stock index climbed 3.58 to 649.91, and the AMEX value index gained 2.63 to close at 562.59. The Nasdaq composite index dropped 5.07 to finish at 1,084.01. Gold closed at $413.15 in London...
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...AmEx's future may lie in yet another direction. Last week Business Week reported that General Electric is exploring a takeover of AmEx; both companies deny the report. Meanwhile, AmEx's best hope for luring away clients from scrappier competitors may be its formidable electronic data base, which enables the company to develop extensive customer profiles. By zeroing in on people's purchasing habits, AmEx can enclose targeted discount offers in its monthly billings that encourage clients to ring up more charges on their cards. And who knows? Perhaps the back-to-values '90s still have room for some...