Market Rallies, Up 9.41: Nixon's Plans Touch Off Buying Flurry
NEW YORK, Oct. 6 (AP)ÛÓA* flurry of buying sent the stock market sharply higher in late trading today after the White House had set the time for President NixonÛªs address on Phase II of his economic program.</br></br>Stock market prices had drifted through most of the session, and analysts said investors were staying on the sidelines until the details of Phase II were made public.</br></br>But after the announcement that Nixon would make his economic speech Thursday night, traders returned to the market in large number, possibly bargain hunting.</br></br>The Dow Jones average of 30 industrial stocks raced ahead in the final hour of trading to close up 9.41 points at 900.55. It was the first time the Dow industrials had closed above 900 since Sept 21 when the blue-chip indicator finished the day at 903.40.</br></br>1,700	Big Board issues traded, while gainers led losers 537 to 352 among 1,157 issues traded on the American Stock Exchange.