|
|
Article: DOW SETS NEW RECORD.(BUSINESS)
- Article from:
- Albany Times Union (Albany, NY)
- Article date:
- January 21, 1994
CopyrightCOPYRIGHT 1994 Albany Times Union. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: MARYBETH NIBLEY - Associated Press
Stocks finished ahead in a busy session Thursday after late buying boosted the Dow Jones industrial average and other market performance gauges to record levels.
Positive economic news and a series of good corporate financial reports put stocks on firm footing. A respectable showing by the bond market -- despite government data depicting significant vigor in the homebuilding business -- also provided a favorable backdrop for stocks.
The Dow industrials advanced 7.59 past the previous high reached Wednesday to 3,891.96.
Several other indicators also set new marks. The New York Stock ...