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Grim economic news halts rally after six sessions

Authors :
Doherty, Jacqueline
Source :
Barron's. August 5, 2002, Vol. 82 Issue 31, pMW3, 2 p.
Publication Year :
2002

Abstract

All the major stock indices suffered major losses on Aug 1 and 2, ending the brief market upturn and driving the Dow Jones Industrial Average down to a mere 0.59% gain despite 447-point gain on July 29. Macroeconomic concerns hurt cyclical shares such as 3M and auto makers.

Details

ISSN :
10778039
Volume :
82
Issue :
31
Database :
Gale General OneFile
Journal :
Barron's
Publication Type :
Periodical
Accession number :
edsgcl.90159340