Indecisive Market Lower for Week: Denfensive Issues Rise
NEW YORK, Nov. 19 (AP)ÛÓThe stock market moved indecisively ovdr a narrow range this week. At the finish it was a little under last Friday, making the first down week after three advancing ones.</br></br>The market dipped Monday on unfavorable business news emphasizing the recession in business, particularly the capital goods industries. Tuesday saw a good rally and was notable for the emergence of some old glamor groupsÛÓbowling, vending, photographic supplies.</br></br>The rally lasted just one day. It couldnÛªt, continue over to Wednesday or Thursday, when stock eased both days. Selling pressure wasnÛªt urgent and volume dwindled to the lowest^ level since Oct. 19.</br></br>On Friday the market came back a bit. Gains werenÛªt spectacular but the bulls derived some encouragement from the fact trading picked up a little on the advance.</br></br>The basic business news was none too encouraging, but the market appeared to be at a point where it could take some of the distressing