Wall Street: The Lonesome Brokers

Already disappointed by the stock market's failure to stage its traditional post-Labor Day rally, Wall Streeters had fresh cause for complaint last week. After hanging precariously around the 600 mark for seven weeks, the Dow Jones industrial average plummeted 9.87 points on Friday, Sept. 21, closed the week at 591.78.

The market's sudden drop echoes the signals given off by the Commerce Department's economic radar — the 30 "leading indicators" which, though still not completely compiled for August, seemed likely to show a slight downward trend in the economy. In the nation's brokerage houses, however,...

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