Stocks Stage Best Upturn In Two Weeks
NEW YORK, Nov. 26 (JP).ÛÓThe stock market had its best session in a couple of weeks today as prices gained fractions to around a point.</br></br>The volume reached 1,180,000 shares, which is about the level of activity during most of last weekÛªs sessions.</br></br>Many traders looked hopefully toward the traditional year-end rally. But they added the familiar rally may be offset to some extent this year by the new tax law which makes it advantageous to take long-term losses in 1952.</br></br>They explained the result of this new law would be some tax selling to establish such losses after the first of the new year.</br></br>The truce developments in Korea kept many traders cautious. There was a feeling that deflationary tendencies might follow the overseas negotiations.