Interest Rate Hopes Push Market Higher
NEW YORK, June 24 (AP) ÛÓHopes for continued stability in interest rates helped inspire a stock market rally today that pushed the Dow Jones industrial average back above 1,000.</br></br>The closely watched indicator of stock price trends climbed 7.21 points to 1,003.77, regaining the four-digit level after slipping into the 990s on Tuesday.</br></br>Nationwide turnover in NYSE-listed issues, including trades in those stocks on regional exchanges and in the over-the-counter market, came to 23.28 million shares.</br></br>Analysts said investors seemed to be banking on a continuation of the Federal ReserveÛªs recent steady-as-she-goes approach to credit policy.</br></br>During the day, buyers were anticipating that weekly Fed figures at the close would add another bright note to the interest rate outlook,