Word: dows
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Dates: during 1950-1959
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...late Max Planck's 100th birth date, German Physicist Werner Heisenberg, 56, reported that he is prepared to make "a suggestion for the basic equation of matter." In Manhattan, before a meeting of the New York Academy of Sciences, German-born Dr. John Grebe, 58, director of Dow Chemical Co.'s nuclear, research, proposed "a periodic table for fundamental particles" that might help "explain the material of the universe...
Stumbling Bull. This calm view of the recession was reflected in normally jittery Wall Street. The bull market had been the first to take fright last year. After hitting a July peak of 522.77 on the Dow-Jones industrial average, only a shadow below the alltime high, the bull started to slip, stumbled to his knees in October, when the average hit 419.79. As a result, shrewd investors have long since discounted the current news...
...last year as investors switched into defensive issues such as utilities, food, tobacco and finance companies. Yet, when the selling was heaviest, many a coolheaded investor decided that the news was not that bad and started buying again. Since then, the market has seesawed cautiously higher: stocks on the Dow-Jones average ranged between 438 and 451 in January; 436 and 458 in February, closed at 453.04 last week, 33.25 points above the October...
...margin requirements (money that must be put up to buy stock on credit) from 70% to 50%. For a few heady hours next day, the market marched uphill. But before day's end it had marched right down again. It closed the week at 444.12 on the Dow-Jones industrial average, up 5.44 points, mostly on gains made before the announcement...
...legislative relief to help their ailing roads. In expectation of getting it, investors took a more optimistic view of rail stocks, which have been dropping for more than a year and a half. They surged up on the New York Stock Exchange, ended the week up 6.94 on the Dow-Jones rail average...