Wall Street: A New Kind of Bull

It seemed like a different kind of bull—more Ferdinand than Taurus-but it kept Wall Street hopping all week. The Dow-Jones industrial average of 30 blue-chip stocks, which two weeks ago had retreated after briefly cracking its historic May high of 939.62, moved up to new records on five consecutive days. On the final trading day, the average climbed all the way to 959.39 before a flurry of profit-taking drove it back to a 952.42 close. Even so, it was up a strong 11.74 points for the week, the biggest gain in seven weeks. It stood only 471 points away from...

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