Word: one-day
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...pressures mounted by the hour. The Egyptian government recalled its Ambassador to Israel, Sa'ad Mortada. Rioting by Palestinians broke out in the Israeli-occupied West Bank. Leaders of Israel's 650,000-member Arab community declared a one-day strike. More than 100 top Israeli generals met privately and protested Sharon's actions. Even Sharon passed the word that he had asked the Prime Minister for some kind of probe...
...celluloid bid for adult acceptance, TRON, has yet to recoup its $22 million expenditure. The recession and the declining appeal of its theme parks have reduced attendance at Disneyland and the Magic Kingdom. Epcot Center is expected to attract 9 million admissions its first year at a one-day price of $15. Disney strategy is to persuade guests to tarry at both Magic Kingdom (13.2 million admissions in 1981) and Epcot at a bargain four-day adult rate of $45 for the two, thus lengthening their stays. Epcot is designed to lure the 25-to-34 age group, the dominant...
...broken records, and then broken them again. After an unprecedented 455 million shares were traded on the New York Stock Exchange in the five days ending Aug. 20, an even more spectacular 550 million shares changed hands last week. Before the current rally, the stock exchange had never had a 100 million-share day. Last week trading volume topped that magic mark four consecutive times. The peak of 138 million shares on Thursday shattered the one-day record of 132.7 million that had been set only eight days earlier. Average daily volume before the current spree had been only...
...risen by a record 38.81 points, to 831.24, on a volume of 92.86 million shares. Exhausted but elated, the traders cheered lustily, tossed confetti into the air and kept the bar at the stock exchange restaurant open until 8 p.m., an hour after its usual closing time. The one-day spurt eclipsed the old mark of 35.34 set on Nov. 1, 1978, when President Carter announced his emergency program to boost the value of the dollar on foreign exchange markets...
During the afternoon, the Dow lost all its gains and finished the day down 1.81. When the turmoil was over, the 132.69 million shares traded smashed the previous one-day mark of 92.88 million shares, which was set on Jan. 7, 1981, after Investment Adviser Joseph Granville issued his famous warning to "sell everything...