European Stars and Stripes (Newspaper) - March 10, 1991, Darmstadt, Hesse / sunday March 10, 1991 the stars and stripes Page 17 Market tries but fails to reach 3,000 new York up a the Stock Market showed strength Early last week but faded into listlessness As it failed in another attempt to close above 3,000. Nevertheless the Market still managed to record its seventh Advance in eight weeks. Analysts said the end of the persian Gulf War is reviving consumer Confidence and aiding the Market. The Dow Jones Industrial average fell 8.17 Friday to end the week at 2955.20. It gained 45.30 Points on the week or about 1.5 percent. Broader Market indexes again finished the week at record High Standard amp poor s 500-Stock.Index Rose 4.48 to end the we to at 374.95 and the new York Stock Exchange composite Index added 2.56 to end the week at 204.95. A Quot. Advances led declines 1,316-651 among the 2,199 nose issues traded last week. Weekly big Board volume totalled 1,109,482,140 shares the fourth week in the last five of billion share turnover. That figure compared with 1,004,768,360 a week earlier and 768,924,120 shares a year ago. A the Dow had three straight winning sessions last week but closed with two losing sessions. The Market started off with a surge monday but late profit taking in a news less atmosphere trimmed the gains. A buying frenzy tuesday pushed the Market to Ward the .3,000 level As the Dow industrials leaped 58.51 to close less than 30 Points from 3,000. Analysts said the Market was feeding on itself and euphoria trom the Allied War Victory. Anyone with Cash built up during the War. Felt uncomfortable and plunged into the Market on wednesday the Dow reached the-3,000 level twice for the first july when it registered a record closing High of 2999.75. But that Leve Fagain became a powerful Barrier and the Dow retreated to Only a marginal gain by Days end leaving it Short again of closing at the 3,000 level. V a heavy spate of profit taking thursday again frustrated the Dow s attempt to hit 3,000 As the average dropped 9.90. Once More traders had no news to Trade on and responded with a featureless session. The february unemployment figures released Friday showed a Sharp jump of 0.3 percent to 6.5 percent and the Market surged Forward. That momentum quickly evaporated. A. A it s absolutely dead a said Trude Latimer Tarket analyst for be sup Josephthal amp co. A at 2 30 p.m., people said a lets go a John. Burnett senior vice president and head trader a at Donaldson Lufkin amp Jenrette securities corp., said the a Market has acted very Well and is entitled to a breather. There Are Verv Strong underpinnings to the Market.�?�. A. On the trading floor last1 week Nabisco when issued Stock again was Tolfe most Active Issue advancing i to b 4. W on the american Stock Exchange the Annex Market value Index Rose 8.17 to close Friday at 356.31 advances led be clinics 466-337 Ami in the 991 issues traded. Amex volume totalled 89,775,290 shares Corn pared with 82,691,565 traded a week earlier and 76,147,995 traded in the same week a year ago. Hill Haven corp. Led the amex actives increasing is to 2vh. A a a a a a a by. A a a Mutual funds from Page 16 Mutual series i bean. Qua Ltd share acc Seq p acc Ftp. Nyl instil ads Seafe Bond a Greyed by a a 23.11 no. 20.50 no 62.73 Nln 11.79 12.25 10.05 10.44�? .01 .01 .02 .01 id Seq Ella Mulo St by Vale i Natland 11.28 10.13 12.48 10.15 11.42 10.50 10.15 1.48 no no no no no no no. No .01 .03 .07 .02 .02 .02 National funds 14.25 14.25 .05 .03 1.49 1.56 12.97 13.62 9.00 9.45 11.36 12 05�? 8.43 8.94 10.06 10.56�? 8.43 8.94�? 7 56 8.02 6.86 7.28�? 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