TITLE

A Very Bullish Beginning for 1976

PUB. DATE
January 1976
SOURCE
Time;1/19/1976, Vol. 107 Issue 3, p67
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the recovery of the stock market in the U.S. as it rebounds from the December sell-offs when investors neglected lackluster shares to set up losses for tax purposes. It states that the gain in stock market prices adds 52.42 points to the Dow Jones industrial average. It also states the New York Stock Exchange turnover reached 33 million shares which are the third highest on record and the second highest trading week in history. It mentions institutional investors, mutual funds, pension funds and trusts are re-entering the market while all categories of stocks earned from the recovery. It also mentions Du Pont, General Electric and Procter and Gamble are among the top gainers.
ACCESSION #
53516819

 

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