Late Recovery on Wall Street Paced by Lower-Paced Stocks
The Dow .Tones average of 30 industrials ended 4.06 points higher at 840.50, erasing earlier losses of nearly 5 points. The small size of the DowÛªs gain partially obscured a broad-based advance, with gainers topping losers by 969 to 479 of the 1.811 issues traded on the New York Stock Exchange.</br></br>Standard & PoorÛªs 500-stock index rose 0.48 point to 89.56, and the NYSEÛªs Sales totaled 22.98 million composite stock index was . ,	.	Û_</br></br>The maikct is doing^ usuaiy a sign 0f teeh-what we hoped but didn tnical weakness, expect,Û said analyst New.</br></br>But market leadership shifted today to the low-price sector. ÛÏThe laggard stocks were getting increased attention which is very constructiveÛ Zinder said.</br></br>Early in the session, however, the market lost its balance as the government reported wholesale prices in April rose 1.5 per cent, reversing a previous four-month downtrend. The climb in the government indicator meant that "inflation is by no means licked,Û according to a White House statement.