Word: dow
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Dates: during 1970-1979
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...Dow-Jones industrial average, which had plunged nearly 50 points in the five previous trading days, started to surge for the first time in five weeks. The rise was soon interrupted by the Defense Department's announcement that the U.S. would provide aid to South Vietnamese fighting in Cambodia. But the rally picked up steam again and was slowed only a bit by the President's televised pronouncement that U.S. troops were on the attack in Cambodia. The general feeling was that if the operation turns out to be limited and surgical, it will not overaffect the market...
...stock market, which knows a bad thing when it sees it, dropped like a stone last week. The Dow-Jones industrial average tumbled 29 points to close at 747, barely above January's six-year low of 744. Many stocks seemed "oversold," but few investors as yet had the nerve or confidence to buy. The market's decline partly reflected investors' anxiety about which of several turns the economy may be taking: toward outright recession, possibly combined with continued inflation; toward moderate growth and a gradual simmering down of price rises; or toward what is coming...
...firebomb thrown through the win-Dow of a ROTC building at Oregon State did little damage. But in Geneva, N. Y., a firebomb heavily damaged a ROTC building at Hobart College. A student was arrested and charged with arson...
...Dow-Jones Industrial Average...
...into new issues of corporate securities. The most vivid demonstration of the trend came last week when American Telephone & Telegraph Co., the world's largest private enterprise, floated a $3.2 billion financing-a size usually associated only with U.S. Treasury offerings. After the issue went on sale, the Dow-Jones industrial average dropped nearly 10 points in two days as investors switched out of other securities to buy the bluest chip...