Word: dex
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Dates: during 1960-1969
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Stronger Footing. When margins have been raised in the past, the market has usually responded by dropping for a fortnight or so, then climbing anywhere from 5% to 27% for three months to a year before topping out. Last week the Dow-Jones industrial in dex worried off 5.19 points in the first day after the hike, but came back 6.78 points in the next two days to close the week at 750.81. Where the market will move next depends much less upon margins than upon the soundness of the U.S. economy. As of last week, U.S. business was climbing...