Dow Gains 53.25 Points After a Languid Session The Dow industrials surged late in the day after drifting in and out of negative territory.
Late Surge on Monday Prices for oil and petroleum products had risen steeply in the last minutes of trading on Monday, closing at a "settlement" price of $31.30.
Analysts said buying activity surged late in the session amid a flurry of rumors and reports that pointed toward an increased likelihood the United States would sell grain to the Soviet Union.
Late Surge in Prices The outstanding long bonds, for example, were slightly higher in price before the auction results were announced and then began to rise sharply.
The situation is really O.K." Bonds also surged late in the day on optimism that the unemployment data would not signal higher inflationary pressure.
Late surges in stock prices have become a regular occurrence in the stock market this year.
Copper futures surged late in the session on sketchy reports of a mudslide in Chile, one of the world's largest copper-producing countries.
Prices surged late in the session after a day of erratic price movements that followed a drop of $31 in the July contract on Monday.
As in this season, they surged late in the regular season.
His father and mother had been killed in the Russian advance that surged through Pilsen late in 1944.