Word: dows
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Wall Street it was the most hectic week in years. The stock market, which has been sliding gradually downhill for three months, suddenly nose-dived and opened the week with the biggest one-day break since 1955. The Dow-Jones industrial average plummeted ten points to 423.06, lowest level since May 1955. Every major group took a beating in the slump, with drops in such stocks as Du Pont, American Telephone & Telegraph, Bethlehem Steel, Goodyear, Alcoa and all but three of the 25 rails...
...experts were still waiting for the stock market to level out. But last week was not the week. After starting off with a strong rally, the greatest bull market of all time weakened and fell in the last three days to end the week at 433.83 on the Dow-Jones industrial average, the lowest point in 2½ years. All told, 263 stocks, among them such blue chips as Du Pont, General Motors and Alcoa, reached new lows for the year...
...rest of the air went out of Wall Street last week-and it went with a whistle. In five days of heavy trading, stocks on the New York Stock Exchange lost $8.7 billion of their value. Thursday was the worst. As 3,300,000 shares changed hands, the Dow-Jones industrial average plummeted 9.69 points, the rail average 4.59 points in the sharpest break since Oct. 10. 1955, the week after President Eisenhower's heart attack. Though a strong surge on Friday checked the losses, the attrition left the market average at 441.16, nearly 80 points below the alltime...
Captain Jackie Burke Jr., P.G.A. Champ Lionel Hebert, Dow Finsterwald-one after another, the others of the American team took an embarrassing whipping...
...Wall Street's stock market. Like a ballplayer trying to work out his muscle kinks with knee bends, the Big Board bounced up and down last week; market leaders in steel, oil and aircraft tumbled as much as 2½ points in a day. On Monday, the Dow-Jones industrial average skidded 9.25 points to 478.95, for the market's sharpest break in nearly two years. Though intermittent rallies flickered across the floor at midweek, they could not make up the loss. More selling pushed stocks lower still, until by week's end the total attrition stood...