At last Wall Street's bulls found something to feed on. The Dow-Jones average, which had been floundering all summer, jumped 35 points following the Cuban crisis, and climbed another 11.55 points last week to close at 616.13. Chart watchers were particularly cheered that the market cracked 616, which to them had seemed a crucial and formidable number because the Dow-Jones had not closed so high since just before Blue Monday, May 28.
Blue Chips Up. Market professionals particularly liked the quality of the stocks that paced last week's rise. Gains of three points...
To continue reading:
or
Log-In
