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...Dow industrials advanced 20.32 points to 5,648.35. Declining issues outnumbered advancers by about 7 to 5 on the New York Stock Exchange, with a moderate volume of 375.29 million shares as of 4 p.m. The Standard & Poor's 500 fell 0.10 to 661.96, while the Nasdaq dropped 3.81 to 1,179.27. And in London, gold finished...
...Dow Jones industrial average fell 24.75 to 5,628.03. As an SEC investigation comes to a close, the technology-stock Nasdaq composite index fell 24.56 to 1,183.06 to end at its first close below 1,200 in more than a month. The index has lost more than five percent of its value since June 5. The NYSE's composite index fell 1.34 to 355.58; the Standard & Poor's 500-stock index fell 3.10 to 662.06; and the American Stock Exchange's market value index fell 1.54 to 588.99. Declining issues outnumbered advancers by a margin of almost...
...Dow Jones industrial average fell 19.21 to finish at 5,668.66 after early gains of nearly 41 points. Declining issues narrowly led advancers on the New York Stock Exchange, where volume totaled 401.05 million shares as of 4 p.m. The S&P's index fell 1.20 to 670.96, and the American Stock Exchange's market value index fell 1.91 to 597.57. Meanwhile, the Nasdaq composite index rose 0.72 to end the day at 1,230.76. And in London, gold finished down...
...Dow Jones industrial average fell 9.24 to finish at 5,687.87. Declining issues outnumbered advancers by a margin of almost 9-to-8 on the New York Stock Exchange on a light volume of 334.42 million shares as of 4 p.m. Westinghouse finished up 7/8 to 195/8 after announcing it may split the into separate industrial and broadcasting concerns. The NYSE's composite index fell 0.44 to 360.17, while the S&P's 500 fell 1.15 to 672.16. The Nasdaq composite index rose 0.28 to 1,230.04. In London, gold finished at $385.65, down...
WASHINGTON, D.C.: Even as President Clinton was proudly taking credit for a sharp increase in new jobs reported Friday morning, investors were panicking. The Dow Jones plummeted by more than 85 points in the first half hour of trading on fears that the Federal Reserve would boost interest rates to ward off inflation. (The market rebounded later in the day, closing up nearly 30 points.) Labor Secretary Robert Reich, whose department released the new figures, criticized Wall Street's dim view: "This isn't the first time that Main Street has celebrated, and Wall Street has despaired...