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...Dow Jones industrial average set its seventh straight record high, edging up 1.08 points to close at $5,601.23, and raising fears that the market may be overextending itself. The NYSE composite index slipped 0.41, ending the day at 351.29. Trading was heavy on the New York Stock Exchange, and declining issues outnumbered advancers slightly. After a dive early in the day, the Nasdaq recovered some and closed at 1,087.22, down 8.16 points. The Standard & Poor's 500-stock index fell 0.93 to 660.52, and the American Stock Exchange's market value index fell 1.84 to 560.62. Gold...

Author: /time Magazine | Title: The Markets | 2/13/1996 | See Source »

DIED. RAY MCINTIRE, 77, Dow chemist who inadvertently invented Styrofoam in a 1944 experiment; in Midland, Michigan...

Author: /time Magazine | Title: Milestones Feb. 12, 1996 | 2/12/1996 | See Source »

...Dow Jones climbed 58.53 points Monday to close at 5,600.15, bringing its gains to more than 9.4 percent so far this year and its rise to more than 41 percent for the past 12 months. Big Board volume totaled 397.83 million shares as of 4 p.m. The NYSE's composite index rose 2.26 to 351.70. The Standard & Poor's 500-stock index rose 5.09 to 661.46. The Nasdaq composite index gained 0.66 to close at 1095.26. The AMEX market value inex fell 1.55 to 562.46.In London, Gold closed...

Author: /time Magazine | Title: The Markets | 2/12/1996 | See Source »

...Dow Jones industrial average closed up 2.17 points, reaching a new high of 5,541.62, a fifth straight record for Wall Street's best-known indicator. The Dow slid to minus 26 on computer driven selling around noon, but maintained its pattern of rallying into the close, which has prevailed all week. Trading volume was heavy at 476.64 million shares. The NYSE composite index rose 0.29 to 349.44, the Standard & Poor's 500-stock index rose 0.30 to 656.37, and the Nasdaq composite rose 1.43 to 1,094.60. All three indexes broke Thursday's records. It was the sixth straight...

Author: /time Magazine | Title: The Markets | 2/9/1996 | See Source »

...Dow Jones rose 47.33 points to close at 5,539.45, breaching 5,500 for the first time. The blue-chip index is up 8.25 percent this year. The Dow spent most of the day at slightly depressed levels but shot up in the final hour on the strength of computer-driven buying programs. Trading was fairly heavy at 469.65 million shares. The NYSE composite index rose 2.83 to 349.15, and the Standard & Poor's 500 composite was up 6.13 to 656.06.The AMEX market value index climbed 2.07 to 564.66. The Nasdaq composite index rose 8.29 to 1093.17 breaking its record...

Author: /time Magazine | Title: The Markets | 2/8/1996 | See Source »

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