Word: dows
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Dates: during 1950-1959
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...President's condition. As it came, the market hung on the doctor's bulletins. When news reached Wall Street at midday that Ike was headed for the hospital in an ambulance, there was a rush to sell. The ticker ran five minutes late, and the Dow-Jones industrial average dropped 15 points. But later, when Ike's illness was diagnosed as intestinal trouble having nothing to do with the heart, Wall Street was quick to reverse itself...
...tape once again fell behind, but this time it could not keep up with buying orders as confident rallies rolled across the Big Board. At the final closing some 50% of the loss had been regained; Dow-Jones industrials wound up 7.70 points lower at 475.29, but still some 6.48 points higher than the low reached in the May market adjustment. The drop bore little resemblance to the Cardiac Break last September. Few big investors had sold; trading was largely by smaller shareholders. Even so, losses were only a fraction of September 26th's staggering 31 points, and trading...
...shift helped spark the stock market to a sharp recovery from its long slide, pushed stocks on the Dow-Jones industrial averages to 480.63 by week's end, winning back 8.14 points and 36% of the previous week's loss. With the prospect of a further easing of credit if necessary, home builders expected at least to maintain their current rate of 1,100.000 houses annually v. 1.300,000 in 1955, perhaps even step up building a notch or two. Commerce Department figures for April also showed that while overall wholesale trade declined 3% in April...
...market suffered the sharpest break since President Eisenhower's heart attack last September. The drop was led by the blue chips, which had paced the rise; but almost every issue on the Big Board lost ground. By week's end stocks on the Dow-Jones industrial average lost 23.90 points, to wind up at 472.49, or 48.56 points below the alltime high set in April. The fall set the average back to where it was last November...
...popular belief is that a war scare sends the stock market up. Last week the New York Stock Exchange proved the old saw false. Exactly the opposite is true. In a study of violent, day-to-day market fluctuations (2% or more change on the Dow-Jones Industrial average) from 1935 to 1955, the exchange reported that in 58 wide swings where war news was a factor 51 were downward. Of the seven advances (between September 1939 and June 1940), all were attributed to the hope that the U.S. would not get into the actual shooting, but that increased foreign...