Word: dow
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Dates: during 1970-1979
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...closely watched indicator of credit tightness or ease. When it fell last week, rates also dropped in the bond markets, and buyers crowded in. Stock market investors, who have also been hurt by the credit pinch, greeted the prime-rate cut with a surge of buying that pushed the Dow-Jones industrial average up more than 16 points, its largest one-day gain in two years...
...When the presence of Dow Chemical interviewers on the University of Wisconsin's Madison campus led to raucous protests, the school suspended ten students under a regulation that prohibited misconduct. Judge Doyle struck down the rule, holding that the standard of "misconduct" alone was unconstitutionally vague. "The facts of life," he said, "have long undermined the concepts, such as in loco parent is, that have been invoked historically for conferring upon university authorities virtually limitless disciplinary discretion." His decision was upheld on appeal. - At the Oshkosh campus of Wisconsin...
...long, pink building with seventeen-year-old bullet holes still pock-marking its walls. That day the fourth-graders had filled a bulletin board with a photo exhibit of Vietnamese children. A few pictures showed kids staring blankly at the camera, their flesh grotesquely disfigured by Dow's napalm, but most of the shots were of boys and girls dancing in a circle, making pungi sticks to trap U.S. soldiers, or working in the rice-fields. On top of the pictures was a strip of paper with the words, "Children are born to be happy...
...handful of small banks. Though executives of most major banks have scoffed at the reductions as premature, last week's mix of economic fact and forecast strengthened Wall Street's conviction that easier money is on the way. One indication: the Dow-Jones Municipal Bond index declined last week to 6%, the lowest level since last October...
Stocks that are sensitive to interest rates-housing and construction companies, utilities, savings and loan associations and banks-led last week's advance. On the New York Stock Exchange, the Dow-Jones industrial average rose 6½ points this week, a gain of 40 points from its seven-year low of 744 on Jan. 30. The rally has been notable for its lack of speculative froth. Many glamour stocks have behaved erratically, up one day, down the next, while blue chips have surged ahead. General Motors, for example, gained $3 a share last week and long-depressed General Electric...