The Economy: Full Steam

Rising hope for peace in Viet Nam last week gave the stock market another explosive lift. For the third time in two weeks, trading volume on the New York Stock Exchange spurted to a new daily record: 20,410,000 shares on April 10. Even with trading cut to three days by suspensions for Martin Luther King's funeral and Good Friday, the Dow-Jones industrial average rose 39.88 points to make a two-week gain of 65.02. It was the sharpest rally of the decade, and it hoisted the index of 30 blue-chip industrial shares to 905.69, highest since Jan. 9, wiping out...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!