Word: indexed
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Dates: during 1960-1969
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Stocks vs. Bonds To the relief of practically everyone, the stock market settled down to something resembling normality last week-that is, after another Monday break opening in which the Dow-Jones industrial index tumbled 17.37 points...
...selling pressure that more than 4,000,000 shares changed hands in the final 30 minutes of trading, and the last transaction did not clear the ticker tape until 2½ hours after closing. In the second bleakest day in Wall Street's history, the Dow-Jones industrial index plunged 34.95 to 576.93-21% below its peak of last December...
...free-wheeling Toronto Exchange suffered its sharpest price break in the 28-year history of its industrial index. Curiously, it was the industrials rather than Canada's multitudinous speculative mining stocks that were hardest...
...Monday's plunge, foreign exchanges shot up on the news of Wall Street's Tuesday rally. On the Frankfurt Exchange, Volkswagen shares abruptly jumped from $125 to $145-higher than before the price break. In London, the Evening News headlined BOOM AFTER GLOOM and the Financial Times index showed its biggest morning surge since the 1959 Tory election win-though prices sagged again by week's end. Most dramatic of all was the recovery of the Sydney Stock Exchange: slow to receive news of Blue Monday, Australian investors were just beginning their big sell-off when...
...storm almost unaffected. In Tokyo, stock prices were already so low that Wall Street's gyrations produced only minor ripples. And in South Africa, rigid government currency controls have so cut off the local financial community from the rest of the world that the Rand Daily Mail index shrugged off Blue Monday with a drop of only one-tenth of a point. Mused one Joburg broker: "There might be something to isolation after...