Word: dows
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Dates: during 1940-1949
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...stock market, still quaking with post-election jitters, kept right on falling last week. In two days, 4,360,000 shares changed hands; prices tumbled to their lowest point in eight months. At week's end the Dow-Jones industrial average had fallen another 4.6 points to 174.32. In the post-election drop of almost 16 points, $6.2 billion in paper values had been drained from shares listed on the New York Stock Exchange. But this week the market perked up, rose two points...
...were down anywhere from 2 to 6 points. General Motors, which had closed at 65¾ the day before election, opened Wednesday at 61. U.S. Steel opened down 4 on a block of 15,000 shares. In the avalanche of selling (3,230,000 shares for the day), the Dow-Jones industrial average dropped 7.3 points, the sharpest break since the crash of the bull market...
...emotional" and "hysterical," stepped up their buying Thursday morning. The market bounced up, recovering a fourth of its losses. But on Friday, in the broadest session on record (out of 1,415 stocks listed, 1,174 were traded), the averages went down again. By week's end, the Dow-Jones industrial average was down to 178.94, a drop of 10.82, wiping out the gains of the pre-election rally of the last five weeks. It was the market's worst four days since the spring of 1940 (when the Nazis rolled over the Low Countries...
Heavy selling began immediately; by noon the turnover had mounted to 1,840,000 shares and Dow-Jones industrial averages had broken 7.24 points. It was the worst market break since September...
...sputtered upward in short uncertain bursts. One day last week the lines cleared and it began a steady climb. In the busiest session since mid-July, 1,800,000 shares were traded, with such blue chips as U.S. Steel, General Motors, and Standard Oil (N.J.) leading the parade. The Dow-Jones industrial average rose 3.32 points, biggest gain since the bullish days of last July. At week's end, the Dow-Jones average was 190.19, up 9.78 points in twelve days and not far from the year's high...