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Stock Prices Dip over Uncertainty on Interest Rates

THE JOURNAL RECORD, June 22, 1995 | Article details

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Stock Prices Dip over Uncertainty on Interest Rates


NEW YORK (AP) _ Stock prices eased on Wednesday amid uncertainty about interest rates, but the losses were kept minimal as investment managers added high-performing equities to their portfolios before the end of the quarter.

The Dow Jones industrial average edged down 3.46 to close at 4,547.10, after trading within a narrow 17-point band throughout the day. Over the past two sessions, the blue chip average has lost 6.58 points, barely making a dent in the 42-point rise to a record high of 4,553.68 on Monday.

Advancing issues were nearly neck-and-neck with decliners on the New York Stock Exchange. Big-Board volume was heavy at 398.21 million shares as of 4 …

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