Word: marketing
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...that 1,270,000 shares were traded in the first hour, the heaviest one-hour volume since May 15, 1940, the day after Holland fell to the Germans. Just as prices began to ease, the Air Force announced a 50% rise in missile spending for fiscal 1959, and the market took off again. Led by air-crafts, it advanced steadily in all groups, ended the day at 439.35 on the Dow-Jones industrial average, up 11.41 points for a $4.2 billion gain in the market value of all stocks. It was the market's second best...
Clean Sweep. The market rally in stocks was nothing to what happened to bonds. With ever-increasing interest rates, the market has been slow, since buyers have held off and waited for even better buys. But with the discount rate cut, orders poured in to Wall Street from all over the U.S.. particularly from institutional investors, and the bond market had its biggest rally since World War II. Many bond dealers were completely cleaned out. Most notable was a slow-selling $250 million offering of American Telephone & Telegraph Co. When the Fed's news broke, less than half...
...recovery in bonds was also significant for the stock market. With bond prices depressed, bond yields for the past year have been running at the highest levels since the Depression days of the 1930s, and consequently closer to stock yields. (Last week the average yield on high-grade corporate bonds was 4.8% v. 5.9% for the Dow-Jones industrials.) Since stocks are inherently more risky, many investors switched to bonds or did not invest at all. But bond dealers now think that the Fed's action has established a firm bottom for the bond market, and that bond prices...
Where Is Bottom? Whether or not the Fed's action meant that the stock market had also hit bottom when it closed off at 419.79 on Oct. 22 was any expert's guess. Wall Street was still filled with bears who considered the stock rally only temporary, to be followed by a further decline to 400 or 380 on the Dow-Jones average. They talked of "technical factors," deterioration in investor confidence, and a downturn in business, disregarded plans for bigger defense spending and the chances of an unbalanced budget next year (see NATIONAL AFFAIRS). Just...
...other hand, many market experts realize that the same psychological whimsy that has sent the market into a slump can halt its decline at the least sign of brightening economic weather. At week's end, Wall Street kept an anxious eye on the business barometers. Said Walston & Co.'s Edmund W. Tabell, one of the Street's top market analysts: "If Christmas sales and automobile sales pick up, 420 will be the bear market...