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Technology and Blue Chip stocks fell substantially today in volatile trading. Though up 40 points this morning, the Dow Jones industrial average ended the day off 2.82 at 4,614.78. The New York Stock Exchange volume was 303.19 million shares as of 4 p.m. today (312.03 million last Friday). At its close, the NYSE composite index was up 0.12 at 299.91. The American Stock Exchange market value index slid 0.99 to 528.21. The Standard & Poor's 500 list was down 1.10 to 558.11. Buffeted by heavy selling of technology stocks, the Nasdaq composite index fell 11.58 to 1,019.70. Gold...
...stocks of smaller and mid-sized companies and high tech firms. Blue Chip stocks fell and technology and small cap stocks strengthened, pushing the Nasdaq index up 2.04 to a record high of 1,031.28. For the week, the index finished up 27.17, an increase of 2.7 percent. The Dow Jones industrial average fell 13.03 to 4, 617.60. In moderate trading, advances led declines, 1207 to 996 on a volume of 312 million shares. The S & P 500 closed at 559.21, up 0.17. In London, gold closed up $1.00 at $384.50.Photographs Faulkner by AP/Pool Iraq by Ali Jarekji/Reuters York...
Blue-chip stocks slipped as the dollar surged to its highest level in nearly six months. The Dow Jones industrial average fell 19.02 to 4640.84. On the New York Stock Exchange, advances led declines 1,180 to 1,035 on a volume of 330 million shares. The Nasdaq composite index dropped slightly, finishin down 0.07 at 1,012.37. The S & P index fell 1.17 to 558.57. In London, gold closed at $386.45, up $2.45.Photographs: Fuhrman by John McCoy/Pool Weaver by Tom Shanahan/AP USS Roosevelt by DOD Felix by Bob Jordan/AP Mantle by Eric Gay/AP
Netscape's debut led to a run on high-tech stocks, sending the Nasdaq index soaring up 7.98 points to 1,005.10. The Dow Jones industrial average declined 21.83 points, finishing at 4,671.49. On the New York Stock Exchange, advancing issues lead declines, 1,148 to 1,020 on a volume of 301 million shares. The Standard & Poor's composite index of 500 stocks fell 0.68 to 559.71. And in London, gold closed up $0.15 at $384.65 an ounce.Photos:Nussbaum by Cynthia Johnson for TIMEGingrich by Terry Ashe for TIMEClinton by Diana Walker for TIMEJerry Garcia by Joe Traver/REUTERSMap...
April 21 (Dow up 23.17): The Times claimed that stocks were pushed higher by "six rounds of computer-guided buy orders." The Journal said corporate earnings pushed stocks higher, along with the "belated recognition of the strong global position of ... U.S. multinationals." In the Los Angeles Times, it was healthy corporate earnings plus the rebounding dollar that did the trick...