Stock Market Decline Is Worst of the Year: Stocks Hit Worst Skid Of the Year
NEW YORK, July 25 (AP) ÛÓ The stock market, still beset by interest rate and inflation worries, fell sharply today in the grip of decline of the year.	Û¢</br></br>The Dow Jones average of 30 industrials posted its biggest drop in more than two weeks with a 10.09 loss to 836.87.</br></br>On a day of few frdSli economic developments, brokers said the market continued to feel the effects of uneasiness over the recent rise of interest rates and fears of a possible resurgence in inflation.</br></br>The government reported Tuesday that its consumer price index rose at a 9.6 per cent annual rate in June, twice the pace set in the previous month.</br></br>The market made a shortlived attempt to rally late in the morning on a forecast by White House economist Alan Greenspan of an upturn in the gross national product. The Dow rose about 3 points briefly, but little support for the buying developed and by early afternoon prictes had fallen into a steady slide.