Tuesday, June 14, 2011

Stock crash didn't hurt spending: report

NEW YORK (AP) - Stock prices wandered in a narrow range today, as blue-chip issues edged higher while the broader market was mixed. Declining issues held a narrow lead over gainers on the New York Stock Exchange, with 519 up, 584 down and 595 unchanged. Market analysts said a pair of new economic reports showing a rise in consumer prices in July and a decline in durable goods orders had been largely anticipated, therefore failed to provide much direction.

Full text: Toronto Star, Aug 23, 1988

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