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Article: Upbeat Reports, Comments Help Dow Industrials Climb to Record

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THE JOURNAL RECORD
Article date:
March 4, 1992
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NEW YORK (AP) _ The Dow Jones industrial average hit another record high Tuesday as prices were boosted by upbeat economic reports and encouraging comments from Federal Reserve Chairman Alan Greenspan.

The Dow average of 30 industrial stocks rose 14.98 points to 3,290.25, surpassing the record high of 3,283.32 it reached last Wednesday.

But the gain was not as strong in the overall market. Advancing issues outnumbered declining ones by only about 6 to 5 on the New York Stock Exchange.

Volume on the floor of the Big Board totaled an estimated 200.86 million shares as of 4 p.m., up from 180.38 million in Monday's session.

The Commerce Department reported that its Index of Leading Economic ...

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