Wall Street: Broad & Healthy

Climbing as smoothly as a U2, the stock market has risen more than 50% from its lows of mid-1962, has advanced 7% since Jan. 1. Last week, for the first time in 41 years, the Dow-Jones industrial average set a new record on every trading day. It rose 10.19 points in all, closing the week at 816.22. Pleasantly surprised that Wall Street's bull had crossed the 800 hurdle without even pausing for breath, many brokers are beginning to talk of a market at 900 before year's end—though they expect stocks to fall back...

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