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Heavy trading in blue chip stocks drove the New York Stock Exchange to another record high. The Dow jumped 32.51 points to close at 5459.6 with trading at a muscular 455.32 million shares. The NYSE composite index was rose 1.64 to 346.32. The Standard & Poor's 500-stock index climbed 3.58 to 649.91, and the AMEX value index gained 2.63 to close at 562.59. The Nasdaq composite index dropped 5.07 to finish at 1,084.01. Gold closed at $413.15 in London...
...Dow resumed its record-setting drive Monday, climbing 33.60 points to 5407.59 on the day, more than recouping Friday's 31-point loss. Investors were encouraged by the Fed's quarter-point interest rate cut last week. The New York Stock Exchange composite index rose 2.17 to 342.26. Advancing issues led decliners by a slight margin on the Big Board, and volume was a moderate 377.74 million shares. The Nasdaq composite index climbed 11.23 to 1,083.34, and the Standard & Poor's 500-stock index also edged up 5.58 points to 641.43. The American Stock Exchange's market value index...
...Dow Jones industrial average ended a string of record closes Friday, losing 31.07 points to finish the day at 5,373.99. The New York Stock Exchange composite index fell 1.14 to 340.09. On the Big Board, decliners led advancers 1,271 to 1,077 with 750 unchanged. Volume was moderate, with 418.49 shares traded. The technology-heavy Nasdaq composite index gained 2.97 points to 1,072.43. The Standard & Poor's 500 stocks lost 2.62 to close at 635.84. The American Stock Exchange market value index lost 0.14 to 555.54. In London, gold closed...
...interest rates spurred stocks higher Wednesday. The Dow Jones industrial average continued its upward surge, gaining 14.09 points to close at 5,395.30. The New York Stock Exchange composite index rose 2.75 to end the day at 340.03. On the Big Board, advancers led decliners 1,578 to 824, with 712 unchanged. Volume was heavy, with 472.06 million shares traded. The technology-heavy Nasdaq composite index rose 6.51 points to end the day at 1,057.81. The Standard & Poor's 500 stocks gained 5.86 to close at 636.01. The American Stock Exchange market value index rose...
...Dow Jones industrial average jumped farther into record territory Tuesday after new reports of a sluggish economy heightened expectations that the Federal Reserve Board was about to lower interest rates. The Dow gained 76.23 points to close at 5,381.21. The New York Stock Exchange composite index also rose, gaining 3.08 to close at 337.28. On the Big Board, advancers led decliners 1,678 to 774, with 661 unchanged. The technology-heavy Nasdaq composite index rose 9.79 to end the day at 1,052.30. The Standard & Poor's 500 stocks rose 5.93 to 630. In London, gold closed...