Word: dow
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Dates: during 1970-1979
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...inaugural and the day after, the stock market's recently leaden Dow Jones industrial average shot up almost 50 points, its largest two-day gam ever; Wall Street analysts attributed part of it to a boost in political confidence caused by Ford's swearing-in. In Washington, an AFL-CIO lobbyist said that Ford's arrival was "our go-ahead" for a broadened labor push for impeachment. In addition, the two dailies owned by Chicago's Field Enterprises chose Ford's inauguration day as the occasion to urge in editorials the "vigorous pursuit" of impeachment...
...Brazilian generals see this expansion into other countries as an extension of U.S. development. General Coute e Silva, former head of National Information Service and presently president of Dow Chemical in Brazil, said: "Because of its geographical position, Brazil cannot escape the North American influence. Therefore, it has no alternative than associating itself consciously with the mission of the United States in the Latin American continent...
Though the stock market in general is taking a fierce battering because of the fuel emergency (last week the Dow Jones industrials fell 17 points, to 891), investors have found a new group of stocks worth betting on. During one session last week, 22 of the 26 stocks touching new highs were energy-related companies. Among them: United Nuclear; Getty Oil; Hughes Tool, which makes oil-drilling bits; Ingersoll-Rand, which manufactures mining machinery; and the Williams Companies, which build pipelines...
...Nixon was giving up in any way, even as his troubles continued to grow. Depressed mainly by the energy shortage but influenced by the President's Watergate uncertainties, the stock market took its biggest plunge in more than a decade, dropping 24.24 points on a single day on the Dow Jones industrial average. Officials of the New York Stock Exchange quietly circulated a contingency plan on the floor to close the market instantly if Nixon should resign. Haifa world away, a similar small omen appeared in the pages of Pravda, which for the first time began readying Soviet readers...
...their customers. The energy drought could lead to a decline in industrial production and rising unemployment, which could pitch the U.S. economy into a recession. Reacting to just those fears, the stock market suffered its worst one-day plunge since Black Monday, May 28, 1962; last Friday the Dow Jones industrials tumbled 24 points, closing...